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Manufacturing Concern to Organization
There are three manufacturing centres as Making, Packing and Finishing. These are supported through five support departments, namely Maintenance, Administration, Power, Selling and Distribution. All the several costs incurred in those departments produce the cost of sale of the finished product such is offered for sale in the market. It is possible such some departments reciprocally support each other, as an instance, in the above figure, the power department gives power to the maintenance department; in return, the maintenance department keeps the power department.
The departments can be viewed like cost centres like we can accumulate and identify costs in regard to them. The finished products could be viewed also like cost centres beneath the similar logic. So now, is a student a cost centre? The reply is yes like cost can be accumulated and identified per every student served.
Overhead Variances This explains how the variable overhead total variance and the fixed overhead total variances calculated. You can recall the overheads refer to production c
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
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
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Describe the meaning and relevance of interdependence of variances when reporting to managers.
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sums with solution of marginal costing
Ask quCalculate the standard production cost per unit and standard profit per unit using Absorption costing principles. ii. Prepare a profit statement for January and February (se
CVP applications
Netflix Inc wants to issue discount bonds with a market value equal to 45% of their face value. The income tax rate of Netflix is 30%. The bonds will carry 3.5% coupon, paying inte
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