Different businesses in order to determine cost of their product or service offering follow:

In order to determine cost of the product or service, following are used:

In case product produced or jobs undertaken are of diverse nature, the system of costing to be used should be: 

Job Costing is: 

The production planning department prepares a list of materials and stores required for the completion of a specific job order, this list is known as:

Batch costing is a type of:

Batch costing is similar to that under job costing except with the difference that a:

The main points of distinction between job and contract costing includes:

Economic batch quantity is that size of the batch of production where: 

Job costing is similar to that under Batch costing except with the difference that a: 

In job costing which of the following documents are used to record the issue of direct material to a job’:

The most suitable cost system where the products differ in type of materials and work performed is : 

Which of the following statements is true: 

Which of the following statements is true: