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Describe briefly the possible causes of:
(i) the material usage variance,(ii) the labour rate variance, (iii) the sales volume profit variance.
Determine how much to stock 1. Employ The Economic Order Quantity Model This is an easiest model which helps the manager to find out the optimum quantity of stock to order
critically explain cost accounting as 1. a service activity 2. a descriptive/analytical discipline 3. an information system
what will a $5,000,000 investment be worth at 3.5% interest compounded quarterly in 10 years?
1. A country has the per-worker production function y t = 6 k t 0.5 where y t is output per worker and k t is the capital-labor ratio. The depreciation rate is 0.1 and t
cost accounting exam
Flexible budgeting is a reporting system wherin the
The principle that (1) requires revenue to be recognized at the time it is earned, (2) allows the inflow of assets associated with revenue to be in a form other than cash and (3) m
Differentiate between Multiple Products, Selling Costs and Margin Management
Job Costing This is a costing method that is applied when a job or cost unit is relatively of small size, is undertaken to fit the customer's specifications and is of compara
Outdoor Travel Inc. needs to estimate the cost of capital for the evaluation of capital expenditures. A typical project is financed with 25% debt-to-value ratio (i.e., D/(D+E) =
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