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Q. Weighted average method is same as:

Q. Cost of production is also called ………………..if there is no selling and distribution expense

Q. In the formula of Economic Order Quantity, the alphabet ‘O’ stands for………….

Q. The term …………….may be defined as the systematic control over the procurement of materials.

Q. ………….is applied where production is carried out as per specific order and customer specifications.

Q. Marginal costing is also known as ………………….. costing

Q. A unit of quantity of product, service or time, in relation to which cost may be ascertained or expressed is known as .

Q. Cost of leather used in shoe making is the example of direct………….

Q. …………..is the system of costing under which costs are determined after they have been incurred.

Q. Direct…………..enter the product and form a part of finished product.