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!
Controllable and Non Controllable Costs
Controllable costs can be influenced on the level of authority at that they are being analyzed when non-controllable costs cannot.
A. Controllable cost - Refers to the cost that can be influenced via the actions of a person in whom authority for that control is vested, as like an example control of labour cost will be influenced via the method of remuneration and the degree at management control that is exercised via a specific managers.
B. Non controllable cost - is cost that cannot be influenced via a person in whom authority for that control is vested as like an example: if the trade union demands a rise in wages the increment is non controllable cost. Likewise, the depreciation of a building is a non-controllable cost to a manager like he does not contain authority over depreciation!
In decision making, merely controllable costs are considered since they can be changed via the decision maker. There is little or nothing such the decision maker can do about the non-controllable costs hence they are irrelevant in decision making. But, the facilities given through the nun-controllable costs should be efficiently utilized.
cost accounting as a descriptive/analytical discipline
Goga Ltd is busy building a five-star hotel in the area, they use the percentage of completion method to determine profits and would like to calculate the profit for the year. dra
Loring Company had the following data for the month: Variable costs per unit: Direct Materials $4 Direct Labor 3.20 Variable Overhead 1 Variable selling expense 0.40 Fixed Ov
Vincent Ltd operates solely in Western Australia and the chief operating decision maker has identified five operating segments: Mining, Insurance, Retailing, Manufacturing and Tran
These sources of funds are resources increased from outside the organization to augment funds availability for any of the utilizations to be discussed later. Generally, there are o
Amy earns $35,000 working part time. Consequently, she is not eligible to participate in her employer's retirement plan or health insurance program. Amy's expenses are summarized a
Q. What are the advantages and disadvantages of free float? Advantages: It is one of the most suitable ER regimes for transitional countries that experience external shocks l
I have a project for cost account and I need the solution for it
standard hours = 5000 standard wages = Rs.3/hr actual hours worked = 5600 hrs actual wages paid = 17920
NSC Ltd. has a 31 May fiscal year-end. NSC disposed of its Information Systems Group (ISG) on 31 January 20X3. ISG had a net loss (after taxes) of $37,700,000 in 20X3, to the date
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd