21.
Statement showing break-up of costs is known as
(a) cost-sheet
(b) statement of profit
(c) production account
(d) Tender
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Answer:
tender
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Answer:
Explanation:
(a) Cost sheet. A cost sheet is a statement designed to show the performance and cost breakdown for a particular billing period. The data that flows into costing comes from the various settlements performed in costing.
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