Cost Accounting

Sunk Cost

Standard Cost

Relevant Cost

Irrelevant Cost

Overstocking

Under stocking

Replenishment of stock

Acquisition of stock

First to be allocated to the ending inventory

Last to be allocated to the cost of goods sold

Last to be allocated to the ending inventory

First to be allocated to the cost of goods sold

Rs. 40,000

Rs. 30,000

Rs. 20,000

Rs. 10,000

Rate per unit

Units of production

Extra time taken by employee to complete the production

Number of workers employed

Bin Card

Store Ledger Card

Stock Ledger

None of these

Production Center

Service Center

General Cost Center

Head Office

Agent of his own Company

Paid tax collection agent

Unpaid tax collection agent

None of the given options

Cost may be controlled

Cost unit gather overheads as they pass through cost centers

Whole items of cost can be charged to cost centers

Common costs are shared among cost centers

Material cost

Labor cost

FOH cost

All of these