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Q. The point at which joint products and by-products become separately identifiable is known as:

Q. Per kilometer is an example of……………..cost unit used in transport undertakings.

Q. Are the costs of opening WIP, incurred in last period and brought forward as work in progress and the costs that were incurred in the current period, treated the same way?

Q. Cost of defective materials should be……………………to costing P/L account and……………….to contract account.

Q. Costs for each job are collected on a:

Q. Wages paid to a office cleaning staff who was engaged in Administration activities a can be termed as.

Q. . Which of the following best describes a fixed cost? A cost which:

Q. Normal loss comes with:

Q. The units basis has the following limitations.

Q. Identify the types of specific order costing.