Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What are the factors which led to the development of ABC:
1) Traditional costing fails to capture cause and effect relationship
2) Traditional costing often fails to highlight inter-relationship among activities in different departments
3) Growing dissatisfaction among the working executives regarding traditional costing which is based on averages and estimation.
4) Traditional costing systems are driven by the need to value stocks rather than to provide meaningful product cost.
5) Direct labour has shrunk as a percentage of total cost for majority of manufacturing companies. Still it is most common basis of overheads to products.
6) Overhead cost are no long a mere burden to be minimized. Overhead function such as product design quality control customer service production planning and sales order proceeding are as important to the customer as physical processes on the shop floor.
7) Complexity has increased. Product ranges are wider. Product cycles are shorter and demand for quality is higher.
8) Market place is very competitive.
9) Availability of computer has enhanced requirement for improvement in information gathering technology for advanced decision making to gain competitive advantage.
Echeverria SA is an Argentinian manufacturing company whose total factory overhead costs fluctuate somewhat from year to year according to the number of machine-hours worked in its
State the steps for Standard costing system standard costing system involves the following steps 1) Setting-up of standards for each element of cost: standards should be s
You want to purchase a house that costs $325,000. You have a down payment of $65,000 and will take out a mortgage to make up the difference. The AMC Mortgage Corporation offers a q
Predisco ( like myob) online project, please let me know if u can do it.
Funds produced from operations, throughout an accounting period, raise working capital by an equivalent amount. The two major components of funds generated from operations are depr
Question: A company has budgeted to produce and sell 10,000 units of a product, the selling price and the variable cost per unit of which is Rs 20 and Rs 12 respectively. Fixe
Determine the Internal factors of pricing decision 1) Organization factor: pricing decision occur on two level in the organization. Overall price strategy is dealt with by to
Critique of Performance Measurement This section brings together material from preceding data in this lesson in order to provide a critical appraisal of performance measurement
Break even point or B.E.P. pricing method : Break even point is the volume of sales at which the total sale revenue of the product is equal to its total cost. In other words, it
Mosman Ltd makes a single product. The projected sales for the first month of the coming year and the starting and ending inventory data are as follows: Sales 80,000 units Uni
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd