Production order costing is also known as
A) Job costing
B) Lot costing
C) Both a and b
D) None of the above
Correct Answer:
Verified
Q9: Units of abnormal gain………………..in process A/c and
Q10: Units of abnormal loss is………………..in abnormal process
Q11: If abnormal loss has any scrap value
Q12: Any loss over and above the normal
Q13: ……………..is a method of costing in which
Q15: Under job costing, on what basis production
Q16: The limitations of job costing are ;
A)Expensive
B)More
Q17: ………………..is a modified form of job costing
A)Process
Q18: Select suitable examples for batch costing
A)Radio set
B)Component
Q19: EBQ stands for
A)Economic Order Quantity
B)Economic Batch Order
C)Economic
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