Where raw material is to pass certain stages, before it is converted into finished goods, the method of costing used is…………………

Related MCQs

• Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?
• The method of costing applied in biscuit industries is...................costing and in steel industry…............. costing.
• The principle types of inventories are raw materials and ,…............and finished goods
• Under marginal costing, stocks of finished goods and work-in-process are valued at …………….. costs only
• The method of costing used in a refinery is… .................. costing.
• Process costing is also known as…......................costing.
• Operating costing is also known as........................costing.
• costing is a type or technique of costing.
• ……….costing is a type or technique of costing.
• Marginal costing is a …………… of costing