## standard costing and variancees, Cost Accounting

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#### Calculate labour time or efficiency variance, standard hours = 5000 standa...

standard hours = 5000 standard wages = Rs.3/hr actual hours worked = 5600 hrs actual wages paid = 17920

#### Example of lifo, Example of LIFO, FIFO and Weighted Average Method Su...

Example of LIFO, FIFO and Weighted Average Method Suppose the following purchases were made in ABC Ltd as like: Date of purchase     Units purchased              Price/uni

#### Marginal costing, The profit volume ratio of xltd. is 50% and the margin of...

The profit volume ratio of xltd. is 50% and the margin of safety is 40%.you are required to calculate the net profit if sales volume is rs.100,000?

#### Define the marginal, Total profit means the total revenue excluding the tot...

Total profit means the total revenue excluding the total cost of the certain products. Average profit defines the profit which comes and achieved after selling each unit. Total

#### Assignment Choice #2: Accounting for Byproducts (Quantitativ, Pyramid Print...

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

#### Depreciation (to be computed), Judy's mother, Sarah, died on July 2, 2006, ...

Judy's mother, Sarah, died on July 2, 2006, leaving Judy her entire estate. Included in the estate was Sarah's residence (325 Oak Street, Cincinnati, OH 45211). Sarah's basis in th

#### Scope of cost acconting, what is scope of cost accounting

what is scope of cost accounting

#### ABC analysis, Limitations of abc analysis

Limitations of abc analysis

#### Calculate break even point using a mathematical equation, Smart Ltd ha sa u...

Smart Ltd ha sa unit selling price of \$500 variable costs per unit of \$325 and fixed costs of \$140 000. Calculate the break even point in units using (a) a mathematical equations a

#### Methods required to allocate joint costs, Methods Required To Allocate Join...

Methods Required To Allocate Joint Costs 1) Physical/Unit Measure 2) Constant gross margin rate 3) Net realizable value.