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Explain Indirect expanses:
These are expanses which can't be directly conveniently and wholly allocated to a specific cost centres or cost units examples of such expanses are hire of some machinery required for a particular contract, cost of the defective work incurred in connection with a particular job or contract etc.
Control Control includes a comparison of actual performance with the plan so that deviation from the plan can be identified and corrective action taken. It can be define
Why might managers favour this ABC system instead of the older system that allocated all MOH costs on the basis of direct? labour?
Exercise 12-7 sell or process further
Capital gearing ratio The term capital gearing is used to describe the relation ship between equity share capital including reserves and surplus to preference share capital a
their definitions and the advantages and disadvantages
What are the objectives of excellence teams and minicompanies? Did the companies achieve these objectives?estion #Minimum 100 words accepted#
what is a base of managerial accounting
You are charged with describing the important considerations in the decision-making process to upper management. In your response, be sure to include the following: • A descript
DOMINANCE Dominance strategy is useful for reducing the size of the payoff table. Rules of Dominance: 1) If all the elements in a column are greater than or equal to the
How many forms of break even charts?
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