11. Merricks multiple piece rate system has _______.
12. Overhead is also known as ________.
13. Reorder level = ________.
14. Overhead can be classified according to function-wise as ________.
15. Allotment of overhead incurred for a particular cost centre to that specific cost centre is ________.
16. The process of setting standards and comparing actual performance with standards with a view to control the cost is ________.
17. Under ABC method of material control, the material are classified according to __________.
18. This is a point at which the store keeper should initiate purchase requisition for fresh supply It is ________.
19. This is a level at which normal issue of material are stopped, but issued under special condition It is ________.
20. Annual usage is 6000 units @ Rs 20 per unit Cost of placing an order is Rs 60 and annual carrying cost of one unit is 10% of inventory value EOQ = __________.
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