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Chapter 9 Job Costing and Contract Costing

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Marks: 7

Q.   1

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

Q.   2

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:

Q.   3

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

Q.   4

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

Q.   5

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

Q.   6

Which of the following statements is true: 

Q.   7

Which of the following statements is true: 

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