Cost of one process may be transferred to the next process at

Related MCQs

• The cost of ……….. process loss is absorbed in the cost of production of good units
• Cost of ………… is not included in the cost of the process
• ……………….. process loss should be transferred to costing profit and loss account
• The finished product of last process is transferred to ……………… a/c
• The cost which varies proportionate to increase in production is …….. cost
• The cost incurred up to the point of separation are called …………cost
• In differential cost analysis decisions are taken by comparing the………… with differential cost
• The loss incurred on an incomplete contract is transferred to ……… account
• When the competition stage of a contract is less than ¼ , the total expenditure on the contract is transferred to ………… account
• If the contract is almost complete , the amount of profit generally transferred to profit and loss account is equal to