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Q. Marginal cost is the aggregate of prime cost and ……………….

Q. Direct labour costs will include……………

Q. ………..liabilities are those which are intended to be paid in the ordinary course of business within a short period.

Q. When profit is Rs.5000 and P/v ratio is 20% , Margin of safety is…………

Q. Which of the following is not an internal user of management information?

Q. When fixed costs are Rs.4000 and P/v ratio is 25%, then break even point will be …………..

Q. The following is a recorded fact

Q. When sales are Rs.30000 and P/V ratio is 20% then contribution will be….

Q. Under marginal costing, stocks of finished goods and work-in-process are valued at …………….. costs only

Q. Responsibility accounting is used for ……………….