Match the following: List-I List-II P. Classification of costs into fixed and variable costs 1. Contribution Q. Difference between sales and variable costs 2. P/V ratio R. Both fixed and variable costs are charged to pro

CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I List-II P. Classification of costs into fixed and variable costs 1. Contribution Q. Difference between sales and variable costs 2. P/V ratio R. Both fixed and variable costs are charged to product 3. Marginal costing S. Relative profitability 4. Absorption Select the correct answer from the options given below — P Q R S
(A) 4 3 1 2
(B) 3 4 1 2
(C) 3 1 4 2
(D) 4 3 2 1

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost Accounting Concepts

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic