In transport costing...........................charges vary more or less in direct proportion to kilometers run.

Related MCQs

• Expenses incurred during production other than direct materials and direct labour are called…………..factory expenses; those charged to production on estimated basis are called …………….
• In ……………………costing where standardized goods or services result from a sequence of repetitive and more or less continuous operations to which costs are collected and averaged over the units produced during the year:
• ………costing is used in transport undertakings.
• ….is the most suitable method in a transport industry.
• The total variable cost.......................................in total proportion to output.
• Fixed cost ...................................in the same proportion in which output changes.
• The ratio which shows the proportion of profits retained in the business out of the current year’s profits is
• The ratio shows the preference dividend as a proportion of profit available for shareholders is .
• An item of cost that is direct for one business may be ......................for another business.
• The total of all direct expenses is known as ................... cost.