Budgetary planning and budgetary control, Cost Accounting

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Difference between budgetary planning and budgetary control


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are exploration costs of a mining company an asset or an expense

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Margin of safety Measures the sensitivity of budgeted sales volume compared with break-even sales volume. The difference between level of sales activity achieved and level of s

Absorption costing, how to treat an increase in output on marginal costing

how to treat an increase in output on marginal costing

Select the correct answer, If fixed costs are $743,122 and variable costs a...

If fixed costs are $743,122 and variable costs are 69% of sales, what is the break-even point in sales dollars? Select the correct answer. A. $512,754 B. $2,397,168 C. $1,255,876 D

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Why is it important for financial statements and other external reports to be based on generally accepted accounting principles?

Contribution, CONTRIBUTION : It is the variation between the marginal cost ...

CONTRIBUTION : It is the variation between the marginal cost of sales and sales and it contributes towards fixed profit and expenses.  It is differ from the profit which is the net

Zero based budgeting, Zero Based Budgeting It is referred to also lik...

Zero Based Budgeting It is referred to also like priority based budgeting. It is a cost advantage approach budgeting where it is assumed that the cost allowance is Zero for a

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how variable cost help in decision making.with suitable example

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