purpose of cost accounting, Cost Accounting

what is the purpose of cost accounting and its nat
ure?

Related Discussions:- purpose of cost accounting

Contract costing terminology, Contract Costing Terminology Principles ...

Contract Costing Terminology Principles of profit income recognition in contracts The Notional Profit This is a component of two items as: a) Profit taken = Noti

Determine controllable margin and total contribution, Phelps Glass Inc. has...

Phelps Glass Inc. has reported the following financial data: net revenues of $10 million, variable costs of $5 million, controllable, fixed costs of $2 million, non-controllable fi

Literature review - effectiveness auditing, EFFECTIVENESS AUDITING is one t...

EFFECTIVENESS AUDITING is one type of internal audit. Describe and evaluate this type of internal audit. What types of organisation would it be most useful for? Required: 1)

Prepaid expenses, Expenses paid in previous of their use or consumption is ...

Expenses paid in previous of their use or consumption is termed as prepaid expenses. At the ending of the year, a portion of the payment keeps unconsumed and is treated like an ass

Calculate the average cost, Seventeen new bathing suit stores enter the San...

Seventeen new bathing suit stores enter the Santa Barbara market, joining the seven that already existed. As a consequence, the demand schedule facing Swim N Style (and all other s

Accounting, What are the basic characteristics of a relevant cost? Why are ...

What are the basic characteristics of a relevant cost? Why are future costs not always relevant? Are all relevant costs found in accounting records?

Calculate cost for each unit, Dropping a segment - George's Grill analyzes ...

Dropping a segment - George's Grill analyzes profitability of three operating units: restaurant, bar, and billiards room. Revenues, variable costs, and attributable fixed costs (wh

Sanford charge to expense during 2013, In January, 2008, Sanford Corporatio...

In January, 2008, Sanford Corporation purchased a patent for a new product for $1,200,000. The patent was valid for fifteen years but it was estimated to have a useful life of ten

Co-ownership incentive scheme or profit sharing schemes, Co-ownership incen...

Co-ownership incentive scheme or Profit Sharing Schemes The organization permits for ownership whereby the employees are permitted to own a percentage of the shares in the fir

Manufacturing Overhead, Does Manufacturing Overhead include the following:1...

Does Manufacturing Overhead include the following:1)Material Handling - labour for Purchasing Material, Shipping (inbound for raw materials and outbound for finished product - also

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages