21. Material abstract is also known as . . . . . . . .
22. A bill of material is prepared in case of a . . . . . . . . job.
23. For a work order, standard time and time taken are 20 hours and 15 hours respectively. Time rate being Rs. 2 per hour, total wages payable under Rowan Premium Plan will be:
24. Which of the following is not a cash inflow?
25. Which one of the following cost would not be termed as product costs?
26. Cost-plus pricing is considered appropriate for:
(I) Product Tailoring
(II) Public Utility Pricing
(III) Refusal Pricing
(IV) Monopoly Pricing
(I) Product Tailoring
(II) Public Utility Pricing
(III) Refusal Pricing
(IV) Monopoly Pricing
27. Liquidity ratios are expressed in
28. . . . . . . . . aids in price fixation.
29. When 1000 units are 60% complete in a process, it is equivalent to . . . . . . . . completed units.
30. The primary emphasis of . . . . . . . . cost is on the planning function of management.
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