Specific cost, Finance Basics

I need a report on Specific Cost. Can you please assist me for Specific Cost report for about 2500 words?

Posted Date: 2/14/2013 12:41:14 AM | Location : United States





Specific Cost Method Definition:

Within this method specific cost of materials issued is charged to production. While materials are purchased for a particular job, they should be charged to that specific job at their actual cost. This method is appropriate for job order industries which perform individual jobs or contracts against particular orders. This type of method is impracticable to use if purchases and issues are numerous and the materials issued cannot be identified.

Posted by | Posted Date: 2/14/2013 12:42:10 AM


Related Discussions:- Specific cost, Assignment Help, Ask Question on Specific cost, Get Answer, Expert's Help, Specific cost Discussions

Write discussion on Specific cost
Your posts are moderated
Related Questions
a.  In the accompanying diagram (which represents the market for chocolate candy bars), the initial equilibrium is at the intersection of S1 and D1. Circle the new equilibrium if t

explain the financial planning process in a private limited company


Illustrate the role of credit unions in depository institutions. Credit unions: Credit unions are non-profit institutions equally organised and owned through their member

Instructions 1 This case study counts as part of your group project. 2 Project Group: You must complete this assignment together with the group that you initially registered

Liquidity Preference Theory This theory states that short term bonds are extremely favorable than long term bonds for two (2) purposes. 1. Investors usually prefer short te

Financial Forecasting Financial forecasting refers to determination of the firm of financial requirements in advance. Financial forecasting is needs financial planning using b

Explain the Operations of Indian Stock Market. Meaning of Stock Exchange: Stock exchange means an organized market where securities issued by government organizations, compan

what is bank draft?How it can be prepared?

State the Realised and Expected Return Return is not as simple a notion as it appears to be as it's not guaranteed, it is mostly expected, and it may or may not be realized.