Question

1. Give the method of costing and the unit of cost in the cate of industries mentioned
below
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i) Shipping
(Ii) Ship-building
(i) Vegetable Ghee
(iv) Water Supply
(v) Hospital
(vi) Bicycles
(vit) Road transport
(viii) Wholesale trade
(ix) Building construction
2. From the following information, state the per unit cost of production (total produc
tion 1,00,000 units and the total profit)
RS
Direct Matcrials
1,50.000
Direct Wages
1,00.000
Factory Expenses
80.000
Selling Expenses
60.000
Once Expenses
50,000
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Sales (9,00,000 Units)
4,50.000
3. Distinguish between direct and indirect expenses, and between fixed and variable
cxpenses,
Define Cost Accounting and give its advantages
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Answer 1

Answer:

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