Process cost method is especially suitable for

Related MCQs

• For a library the best method of costing suitable is-----------
• Which of the following cost classification categories is almost identical to a relevant cost?
• Upstream cost, Down stream cost etc., are the concepts in---------------.
• ----------is the cost attribution to the cost unit on the basis of benefits received from indirect activities.
• ---------- cost is also known as hypothetical or notional cost.
• Which of the following is / are the method of establishing ‘target cost’?
• The type of process loss that should not affect the cost of inventory is
• Fifty units are put in a process at a total cost of Rs. 90. Wastage is normally 10% without any scrap value. If output is 40 units the amount of abnormal loss would be-----------
• ------------ is the item of product. Job, process or customer for which cost are to be determined.
• Where process scrap is recycled for use in conjunction with new material as well as being so externally, which of the following is most likely to be the value at which is debited to the process?