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Total profit means the total revenue excluding the total cost of the certain products.
Average profit defines the profit which comes and achieved after selling each unit. Total revenue/quantity is average profit.
Marginal profit defines the extra profit which an organization achieves.
Marginal profit is change in total revenue/change in quantity.
Incrementalism defines the doings and aim which takes little time but it is done in small small steps.
Marginalism defines the additional usage and extra benefit which one has achieved from his incremental changes. It is a very powerful technique to deal with the problems.
A plant is considering the replacement of a piece of equipment in its materials handling system with a new piece. If the company's cost of capital is 10%. Should the present asset
What is the easiest of calculate equivalents before producing a process account 2
compare tradition costing and activity costing methods of overheads abpsrption based on production units,labour hourd and machine hours
Bubba's Crawfish Processing Company uses a traditional overhead allocation based on direct labor hours. For the current year, overhead is estimated at $1,150,000, and direct labor
a company wants to buy a new machine to replace on which is having frequent breakdown.............. .......... c-the models suitable for different levels for demand of product?
What are the four elements of the budgeting cycle?
Budgetary Planning and Control - Accounting Techniques A budget is a plan of action expressed in monetary terms. Therefore it is a quantified plan of what one intends to do.
Asian Ltd makes three types of gold watch - the Diva (D), the Classic (C) and the Poser (P). A traditional product costing system is used at present; although an activity based cos
2012 2011 Cash 12200 17700 Acct receivable 25200 22300 Investments
tell me about debentures
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