Costing

Price increase in raw materials

Price decrease in raw materials

Less than anticipated normal wastage in the manufacturing process

More than anticipated normal wastage in the manufacturing process

Financial accounting

Cost accounting

Management accounting

None of these

100 units

200 units

300 units

400 units

actual time with standard time

total output with total man hours

added value for the product with total wage cost

total wage and total output

indirect wages

health wages

idle time wages

shortage time wages

Part of managerial accounting

Part of financial accounting

Part of liability accounting

None of these

summarize total costs

compute cost for each equivalent unit

summarize flow of output

compute output in units

balance sheet

debit side of profit and loss a/c

credit side of profit and loss a/c

costing profit and loss a/c

increases

does not increase

decreases

None of these

rising prices

falling prices

fluctuating prices

None of these