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Assumptions for relevant costs
The key assumptions made in relevant costing are:
There are various types of decisions that can be considered in this section, Illustrations comprise:
a. Make or Buy decisionsb. Shut down problemsc. Extra shift decisionsd. Joint cost decisions
Problem From the following balance sheets of Dramas Ltd., compute the trend percentages using 31st December 2005 as the base year. Assets & Liabilities
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
what is a base of managerial accounting
Explain:- Q.1 As a potential investor, what is the problem with different countries having different accounting standards? As the president of a multinational company, what is
Explain Support activitiesand production process activity Support activities are for example schedule production set up machine purchase materials inspect item customer orde
costs/per unit labor ... $ 4 materials ...5 fixed cost... $ 12 determine the break even point in units if the seeling price is $ 19 determine the break even point in sales at
Cost Behavior A firm's cost position results from the cost behavior of its value activities. The cost behavior is based on a number of structural factors which influence cost
The significant objectives of short-term cash forecast are as given: find out operating cash requirement anticipating short term financing Organization investment of
What is the correct formula for Post Cost?
A manufacturing company needs 2500 units of a particular component every year. The company buys it at the rate of Rs. 30 per unit. The order processing cost for this part
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