A bill of material is prepared in case of a................................. job
A) standard job
B) non-standardized job
C) both a & b
D) none of these
Correct Answer:
Verified
Q2: The quantity of material to be ordered
Q3: ……….represents that quantity of material which is
Q4: The principle types of inventories are raw
Q5: Inventory turnover in days = Days during
Q6: Inventory turnover ratio = Cost of …………………..during
Q7: Re-ordering level = ........................................X Maximum re-order period
A)average
Q8: ………………forms part of cost of production.
A)abnormal waste
B)normal
Q9: Material losses due to abnormal reasons should
Q10: Marginal costing is a …………… of costing
A)system
B)method
C)technique
D)all
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