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 = __________.