Answer the following MCQs - 25)Which of the following are characteristics of service costing? Select one: a. High levels of indirect costs as a proportion of total cost b. Cost units are often intangible c. Use of composite cost units d. Use of equivalent units

26)A budget that gives the summary of all the functional budget is known as? Select one: a. Capital budget b. Flexible budget c. Master budget d. Fixed budget

27)Which method of costing is best suited for interior decoration? Select one: a. Contract accounting b. Opertating costing c. Job costing d. Process costing

28)Which of the following are direct expenses?

I. The cost of special designs, drawing of layouts

II. The hire of tools of equipment for a particular job

III. Salesmans wages

IV. Rent rates and insurance of a factory

Select one: a. (I) and (II) b. (I) and (III) c. (I) and (IV) d. (III) and (IV)

please give only right answer no explanation required.