Match the following: List I (a) Classification of costs into fixed and variable cost (b) Difference between sales and variable cost (c) Both fixed and variable cost are charged to product (d) Relative profitability List
CS Executive · Cost and Management Accounting · PYQS · June 2017
Match the following: List I (a) Classification of costs into fixed and variable cost (b) Difference between sales and variable cost (c) Both fixed and variable cost are charged to product (d) Relative profitability List II (1) Contribution (2) P/V ratio (3) Marginal Costing (4) Absorption Codes: (a) (b) (c) (d)
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Costing Methods
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