Question
Under marginal costing, which of the following costs
will NOT be attributed to the product cost?Solution
Marginal costing only considers variable costs as product costs. This is because marginal costing only takes into account the costs that vary with the level of production. In other words, marginal costing only considers the direct costs associated with producing a unit of product, such as the cost of materials, direct labour, and variable overhead.
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Virtue flies from the heart of a soldier who fights for the sake of money .
Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Among the given alternatives, find the word which can be the best substitute for the given sentence.
Honor or fame given for some achievement
I. The NEP approach (A) for more higher educational institutions and programmes in higher education to use (B) the mother tongue or local language as a...
Select the most appropriate option that can substitute the bold segment in the given sentence.
Oscar is the most prestigious award which is int...
Select the option that can be used as a one-word substitute for the given group of words
A small building or room used for Christian worship i...
Select the most appropriate word for the given group of words.
A person who eats the flesh of other human beings.
Select the option that can be used as a one-word substitute for the given group of words.
One who examines a company’s financial records
The loop of rope with a running knot used to hang a person.