Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Constant Gross Margin Rate
This method assumes that every product contributes an equal percentage of gross profit for every shilling of sales. It works back from gross margin to the joint costs allocation. It includes the given steps:
(i) Compute the overall rate of gross margin for every the products
(ii) Multiply the computed overall rate with the sales of every product to receive the gross margin of the product.
(iii) Deduct the gross margin from the sales value of the product to find out the net costs for each product.
(iv) Deduct separable costs from the net costs to receive joint costs allocated.
The costs that are fixed irrespective of manufacture are fixed costs. EX: Rent, Depreciation. Fix cost is those cost who not alter in any time whether the production done or not
The following details were extracted from the standard cost card of a component: Raw Materials 2.82 Kgs @ Rs.4.80 Kg. Direct Labour Type I 6
Vorticella can first be seen by the naked eye, b.ut to study it place a prepared slide under the microscope. Focus it under low power, and observe it. You can see a large number of
Marginal Cost Marginal cost is the change in a firm's cost of production. It is related to a unit change in its output, or the added cost of producing the next unit. The margin
#question.discuss the importance of cost classification to a business organisation?
explain the different methods of costing
Elite Company is planning to add a new product to its line. To manufacture this product, the company needs to buy a new machine at a $300,000 cost with an expected four-year life a
cost accounting as a descriptive/analytical discipline
Ask What is the major value of the weighted cost of capital calculation for the firm? question #Minimum 100 words accepted#
Question The statements of comprehensive income for three entities for the year ended 30 September 2009 are presented below: SOT PB UV
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd