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!
JIT and Management Accounting
Management accountants in many organizations have been criticized because of their failure to change their managing accounting system to reflect the mode from a traditional manufacturing to a JIT manufacturing system.
Conventional management accounting systems can encourage behavior that is inconsistent with JIT philosophy, management, accounting must support JIT manufacturing by monitoring, identifying, and communicating to decision makers any delays errors and waste in the system.
Modern management accounting systems are now placing greater emphasis on providing information on suppliers relialibility set up times cycle times, percentage of deliveries that are on time and defect rates
All these measures are critical in supporting JIT manufacturing philosophy.
Interest coverage ratio (or debt service ratio) Meaning: this ratio establishes a relationship among net profits before interest and taxes and interest on long debt. Obj
Risk : Risk includes circumstances or events that may or may not take place though whose probability of occurrence can be predicted from the past records. In this atmosphere, t
Steady state condition In many cases, the Markov process will converge to a steady state or equilibrium. In general, as number of transitions `n' increase, the state values
what is the role of accounting standard board?
Activity based costing versus traditional costing Following are the main differences between activity based costing system and traditional costing system: Explain 1) Und
What is Production cost It begins with the supplying of materials, labour and services and ends with the primary packing of the product. Therefore, it includes the cost of d
Question: (a) (I) The following equations relate to the market conditions for pullovers at a given point of time: Demand Function: Q d = 1200 - P Supply Function: Q s
differentiate between multiple product, selling product and margin managent
Maximum change in marginal Profit or Cost Just as we did in studying the permissible ranges for changes in resources, we are also interested in studying the permissible ranges
directing[ budgeting
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