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
Timbatown Pty Ltd is a manufacturer of timber tables and chairs. The company mostly sells on a retail basis to household consumers, but occasionally receives large orders for table

Hello, I''m currently doing a research on a company and planning an Activity Based Costing system since the company is using Traditional Costing system to allocate the overhead to

Variable Costs Are costs such raise or fall proportionately along with the level of activity that is such portion of the cost of an activity which changes along with the leve

Cost Book-Keeping In cost account accounts, extensive employ is made of control accounts that are based in the similar principles as those utilized in financial accounts.  Two

In an application of a hand-held clinical thermometer for the National Health Service it is required to use disposable temperature sensors and digital read out of temperature betwe

XYZ Pvt Ltd is a private company incorporated in Australia, and manufactures handbags. The opening balance of XYZ Pvt Ltd's franking account on 1 July 2010 was $nil. During the 201

Example of Labour Remuneration Beneath a premium bonus scheme, workers obtained a guaranteed basic hourly minimum rate of pay in addition of a bonus of 50 percent of the time

the following information relates to process 3 of a three stage production process for the month of january 2014. opening inventury 300 units comlete as to; material from proces

If fixed costs are $200,000 and the unit contribution margin is $20, what amount of units must be sold in order to have a zero profit?

Critical Thinking about Cost Flow It is simple to overlook an important aspect of cost flow within a manufacturing operation. If you see that have taken note of an important co