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!
Choice of Budget Flexing Basis
The most suitable flexing basis must be considered where it assists in the comparison of alternative budget data at the planning stage and for the comparison of budget and real data at the control stage.
Various organizations employ various flexing bases however the following are most commonly utilized:
For the above specified flexing bases to be utilized a number of requirements must be fulfilled.
1. The flexing bases must be correlated along with the way in which costs vary. As an example of, does the number of miles traveled via distribution vehicles affect the maintenance and repairs expenses?
2. The flexible bases must be easily understood with the management and not subject to manipulation.
3. The flexible bases must be readily obtainable.
4. It must be independent of other factors.
The following information is for the third quarter of this year: Planned Actual Production 92,000 units 87,000 units Direct labor hours 506,800 DL hrs 380,000 DL hrs Fixed manuf
Limitations of Budgeting 1. Too mush reliance may reason resistance or inflexibility to change. 2. Difficult to set levels of attainment. It may result into too tight budg
Approach in Cost Accounting Cost accounting is based on the framework or concept of cost centers that is all the costs incurred throughout the production process contain to be
Question PART A A company manufactures a single product and the data concerning the product is as follows: - Sales price of $10 - Marginal cost of $6. - Fixed
The following are three independent situations where the reporting entity for which financial statements are being prepared are underlined. Every company has a December 31, 2012 ye
what could it cost the fezas to launder?show your detailed culculation
Eckels Wares is a division of a major corporation. The following data are for the latest year of operations: Sales
Computation of mark up and Target selling price in cost-minus pricin
In most situations this will be essential to grant credit to customers. It may be essential either due to competition or because of the custom of trade. Though, when we grant credi
1. The following table summarizes the short-run production function for your firm. Your product sells for $5 per unit, labor costs $5 per unit, and the rental price of capital i
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