Accounting

(a) May change in total when such change is not related to changes in production
(b) Will not change in total because it is not related to changes in production
(c) Is constant per unit for each unit of change in production
(d) May change in total, depending on production with the relevant range
(e) None of these

(a) Materials
(b) Depreciation
(c) Direct labour
(d) Variable factory overhead
(e) None of these

(a) Rs. 0.00
(b) Rs. 0.50
(c) Rs. 1.00
(d) Rs. 1.50
(e) None of these

(a) A unit of production in relation to which costs are ascertained
(b) A location which is responsible for controlling direct costs
(c) Part of the factory overhead system by which costs are gathered
(d) Any location or department which incurs cost
(e) None of these

(a) Organizational chart
(b) Management chart
(c) Budget
(d) Procedural chart

(a) An opportunity cost
(b) An imputed cost
(c) A different cost
(d) A sunk cost

(a) For the year ended
(b) As on a specific date
(c) When Needed
(d) None of these

(a) Net sales
(b) Cost of goods available for sale
(c) Cost of goods sold
(d) Gross profit

(a) Cash
(b) Accounts Receivable
(c) Inventories
(d) Only (a) and (b)

(a) Cash
(b) Creditors
(c) Accounts payable
(d) Salaries Expenses