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!
Explain about Cost centre:
Meaning & definition: cost centre is defined as a location, person or item of equipment (or group of them) in respect which costs may be ascertained and related to the cost units for the purpose for the purpose of the cost centre. It is the smallest segment of activity or area of responsibility for which the costs are accumulated.
According to CIMA, London, "a London person, or item of equipment (or group of these) for which costs might be ascertained and used for the purpose of the control".
Therefore, a cost centre refers to a section of the business to which costs can be charged. It may be a location (a department, a sales area) an item 'of equipment (a machine, a delivery van) a person (a salesman, a machine operator) or a group of these (two automatic machines operated by the one workman). The main purpose of ascertaining the cost of a cost centre is control of the cost.
STEPS OF DEVELOPING A COST ESTIMATING RELATIONSHIP Firmly speaking, a CER is not a quantitative method. It is a framework for using suitable quantitative methods to quantify a
Describe Benchmarking It is the process of measuring products service or activities against the best level of performance which may be found either inside or outside the organi
Compute the equ units of production?
how much is this service?
Exercises 2-1, 2-2, 2-3, 2-4 Problem 2-14 I didn’t write every question down out of the book just questions 2-1, and 2-2. Exercise 2-1 classifying manufacturing cost. Your boat,
According to the Philadelphia Inquirer, in 2004 the city of Philadelphia planned to spend $14 million to convert the Convention Center into an appropriate venue for the Republican
Objectives of the cost accounting The Objectives of the cost accounting are ascertain of costs, fixation of selling prices, proper recording and presentation of cost data to th
do you write a case study regarding this topic?
#quesXERCISE 3-15 Departmental Overhead Rates [LO1, LO2, LO3] Diewold Company has two departments, Milling and Assembly. The company uses a job-order costing system and computes a
Determine the Need and importance of management accounting: 1.Increasing efficiency: management accounting increases efficiency of business operations. The targets of differe
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