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Q. The principle types of inventories are raw materials and ,…............and finished goods

Q. The ratios which reflect managerial efficiency in handling the assets is.

Q. …………does not form part of production.

Q. Fixed cost Rs. 2,00,000; Sales Rs. 8,00,000; P/V Ratio 30%; the amount of' profit is .

Q. Operating costing is suitable for .

Q. A fixed budget is prepared for only .

Q. Inventory or stock turnover ratio is also called .

Q. Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units .

Q. Material consumed is Rs. 5,00,000 Opening stock of raw material is Rs. 50,000 and Closing stock of raw material is Rs. 25,000. What is the cost of raw material purchased?

Q. The document which is prepared after receiving and inspecting material .