Manufacturing concern to organization, Cost Accounting

Manufacturing Concern to Organization

There are three manufacturing centres as Making, Packing and Finishing.  These are supported through five support departments, namely Maintenance, Administration, Power, Selling and Distribution. All the several costs incurred in those departments produce the cost of sale of the finished product such is offered for sale in the market.  It is possible such some departments reciprocally support each other, as an instance, in the above figure, the power department gives power to the maintenance department; in return, the maintenance department keeps the power department.

The departments can be viewed like cost centres like we can accumulate and identify costs in regard to them.  The finished products could be viewed also like cost centres beneath the similar logic.  So now, is a student a cost centre? The reply is yes like cost can be accumulated and identified per every student served.

Posted Date: 2/5/2013 2:36:22 AM | Location : United States







Related Discussions:- Manufacturing concern to organization, Assignment Help, Ask Question on Manufacturing concern to organization, Get Answer, Expert's Help, Manufacturing concern to organization Discussions

Write discussion on Manufacturing concern to organization
Your posts are moderated
Related Questions
Go the Hershey website to learn how to make Hershey chocolate. Review the process and take a look at some of the videos. Pay particular attention to the process steps of milling an

Bakers Bagels LLC produces and sells 20 types of bagels by the dozen. Bagels are priced at $6.00 per dozen (or $0.50 each) and cost $.020 per unit to produce. The company is consid

Piece Rate System - Labour Remuneration However an employee is paid a fixed amount for all units produced irrespective of time in use; the wages payable are computed like fo

These balances for a company x Raw materials $40,000 Work in process $30,000 Finished goods $60,000 for the current year the company estimated that it would work 150.000 mach

Goldman Corporation bought a machine on June 1, 2010, for $44,838, f.o.b. the place of manufacture. Freight to the point where it was set up was $282, and $705 was expended to inst

B REAK EVEN ANALYSIS Break even analysis is a broadly used technique to study cost-volume-profit relationship.  It can be explained as - 'a system for determination of that le

Price and Cost   information  play  no  role  in  negotiated  transfer  prices.  Do  you  agree? Describe.

A company is evaluating the following lease or buy option.  A four year lease with annual payments of $25,000 payable at the beginning of the year. The tax shield is available a

Flexible Budget Flexible budget is a budget that is designed to change in accordance along with the level of activity attained. It includes budgeting at various levels in anti

I need an example for Lilo,Fifo, and weighted average method for a year. Jan.begining inventory, purchases in Feb., April, July, October, and November. Can you help me with this?