In................................ each job is a cost unit to which all costs are assigned.

Related MCQs

• Each job has a ..................... prepared for it that bears the job number and which is used to collect all cost data relating to job.
• Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units .
• Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; turnover required for a profit target of Rs. 60,000.
• Material Costs of each job are determined from……………
• 1f` fixed costs decrease while variable cost per unit remains constant, the new B.E.P in relation to the old B.E.P will be .
• If fixed costs decrease while the variable cost per unit remains constant, the new contribution margin in relation to the old contribution margin will be .
• .......................Under marginal costing, …………… costs are treated as period costs and charged to profit and loss account for the period for which they are incured.
• Average unit cost for each process is calculated by dividing the ………………..by…………………
• Cost centre and cost unit are……………………
• Given sales = 150000, Fixed costs = 30000, Profit = 40000.The variable cost is