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Q. Office and administrative expenses can be charged on the basis of .

Q. Indirect material scrap is adjusted along with .

Q. Total of all direct costs is termed as .

Q. Materials purchase budget is prepared on the basis of .

Q. A bill of material is prepared in case of a................................. job

Q. The budget which usually takes the form of budgeted profit and loss account and balance sheet is known as

Q. Expected sales + desired closing stock – estimated opening stock = .

Q. Direct cost incurred can be identified with .

Q. Average method of pricing the material issues is useful when .

Q. Budget of indirect costs in the form of indirect wages, indirect material and indirect expenses in the factory is .