Single limiting factor, Cost Accounting

Single Limiting Factor

Where a single limiting factor exists for the decision making sequence may be implemented given as:-

- Compute the contribution per unit of limiting factor for every product

- Rank the products in order of size and contribution per unit of limiting factor

- Permit any minimum retention of less profitable products that is decided upon

- Use up the net units of the limiting factor in order to fulfill the forecast quantities in order of product ranking.

Posted Date: 2/7/2013 1:34:40 AM | Location : United States







Related Discussions:- Single limiting factor, Assignment Help, Ask Question on Single limiting factor, Get Answer, Expert's Help, Single limiting factor Discussions

Write discussion on Single limiting factor
Your posts are moderated
Related Questions
the features and scopes of job costing

Allocation of Joint Costs Whereas two or more products of relatively high value emerge simultaneously from a single process, they are named as joint products.  The processes s

an application of marginal costing

Question: Timothy Ltd uses a flexible budget for overhead costs. The company expects to produce 40,000 units of the product it manufactures. Each unit requires 0.40 direct labo

What are the key reasons for product cost differences among traditional costing system and ABC systems? Explain four decisions for which ABC information is useful?

Calculate the skewness and kurtosis statistics for your assignment portfolio. How do these reconcile with the assumptions behind Modern Portfolio Theory? Demonstrate analyticall



The following details are available from a company:                                                  2003                 2004                                      2003

What do you mean by differential costing ? How it differ from marginal costing ? explain its practical application with examples?