Q161
Open questionInput is 10,000 units and normal loss is 20% of input and abnormal loss is 400 units What is actual output?
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Commerce · all questionsCosting
Costing
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Q162
Open questionCost of process Rs1,60,000 and profit to be charged on the transfer price is 20% What is the inter process profit?
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Q163
Open questionJob costing method is the most suitable method for ________.
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Q164
Open questionWhich method of costing can be used in furniture manufacture industry?
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Q165
Open questionContract costing is most appropriate method of costing for ________.
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Q166
Open questionCost of contract and profit or loss thereon are determined by preparing ________.
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Q167
Open questionThe basis for determining profit to be taken into account on incomplete contract is ________.
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Q168
Open questionThe amount paid to sub-contractor is ________.
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Q169
Open questionWork uncertified is ________.
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Q170
Open questionIn case of complete contract, the whole amount of profit is transferred to ________.
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Q171
Open questionProcess a/c is ________.
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Q172
Open questionProfit to be transferred to profit and loss a/c, if the contract is complete to the extent of only 20% is ________.
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Q173
Open questionOperating cost is usually ascertained through ________.
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Q174
Open questionThe physical distance covered by a vehicle is measured in terms of ________.
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Q175
Open questionInsurance and garage rent is ________.
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Q176
Open questionWhich of the following item of expenses will not appear in cost accounting.
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Q177
Open questionThe term cost refers to ________.
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Q178
Open questionCost accounting differs from financial accounting in respect of ________.
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Q179
Open questionWhich method of costing is best suited for interior decoration.
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Q180
Open questionWhen cash is received from contractee which a/c should be credited.
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