Standard cost, Cost Accounting

Standard Cost

It is especially serious that you establish a link between standard budgets and costs. At this point, you require putting in your mind to standard costs one the "building blocks and cement" employed to "build" a budget. There are other ways of establishing a budget other than utilizing the standard costs, however the requirement of standard costs makes budgeting very realistic and easy.

Posted Date: 2/7/2013 5:01:49 AM | Location : United States







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

Write discussion on Standard cost
Your posts are moderated
Related Questions
what is planning and what part of this activity would you describe as planning in the situasion above

Time Analysis - Cost Accumulation This is generally achieved via having the employee complete a daily or weekly timesheet or via contain job cards or piecework tickets. As whe

One item a computer store sells is supplied by a vendor who handles only that item. Demand for that item recently changed, and the store manager must determine when to replenish it

In this exercise you will familiarize yourself with index models, beta and CAPM estimation. Download the spreadsheet data_question3.xlsx from Sakai and use the data contained there

What are the benefitss and drawbacks of standard costing?

compare tradition costing and activity costing methods of overheads abpsrption based on production units,labour hourd and machine hours

Vorticella can first be seen by the naked eye, b.ut to study it place a prepared slide under the microscope. Focus it under low power, and observe it. You can see a large number of

Classification of Labour Costs This can be classified into like: a) Indirect or Direct cost b) Variable or Fixed cost c) Non controllable and controllable cost a)

Pyramid Printing Company is a printer of magazines and retail inserts. In addition, there are two joint products (food wrapping and book covers) and one byproduct (shipping-box ins

Stine Company uses a job order cost system. On May 1 st , the company has a balance in Work in Process Inventory of 3,500 and two jobs in process: Job No. 429 $2,000, and Job No. 4