Question
Under marginal costing, which of the following cost will
NOT be attributed to the product cost?Solution
Marginal costing is a technique of costing in which only variable costs are treated as product cost and charged to the product. the fixed costs are treated as period cost and are therefore charged to the accounting period in which such fixed cost is incurred irrespective of the quantity and value of the products produced or sold. As such, rent, which is a fixed cost, will not be attributed to the product cost under marginal costing.
P: About 30 new hydro projects are now under execution with an installed capacity of 5,600 MW. Q: However, with the rapid increase in demand for power, ...
P: Then the liberalisation process became inevitable. Q: It encourages initiative, entrepreneurship and competition which is very vital for growth of th...
Five statements are given below labelled 1, 2, 3, 4 and 5. Among these, four statements are in a logical order and form a coherent paragraph/passage. F...
The growing concern over climate change has led to global efforts to electrify the transportation sector. In parallel, cost of Li-ion (Lithium-ion) bat...
In the following questions, four sentences are given. Arrange them in the correct order to form a coherent paragraph then answer the following question...
1. It was a bumper year for Telangana heritage as the 800-year-old Ramappa Temple made it to the elite group of world heritage sites listed by UNESCO. ...
In its audit of various regions, the Ministry’s report has calculated a cumulative loss of forests in Mizoram, Nagaland and Arunachal of nearly 1,...
Choose the most logical order of sentences from among the four given choices to construct a coherent paragraph.
A. Without discipline, even the mos...1.      Hinduism began sometime between 2500 - 1500 BCE and differs significantly from other religions - in that it is not a religion.
2.�...
P: If the intention is just to consume whatever comes from the West, then it is harmful.
Q: Some of its effects are really helping and positive a...