Manufacturing concern to organization, Cost Accounting

Assignment Help:

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.


Related Discussions:- Manufacturing concern to organization

Overhead variances, Overhead Variances This explains how the variable ...

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

Define the marginal, Total profit means the total revenue excluding the tot...

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

What are the advantages and disadvantages of free float, Q. What are the ad...

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

Budget Presentation for Management, 1) Please elaborate on the attached per...

1) Please elaborate on the attached performance report by preparing a presentation to "management" which incorporates the information presented in the performance report. Present t

Relevance of interdependence , Describe the meaning and relevance of interd...

Describe the meaning and relevance of interdependence of variances when reporting to managers.

Standard costing and variance analysis using kaizen costing, Discuss how SD...

Discuss how SD can use standard costing and variance analysis to prepare meaningful reports when using Kaizen Costing. By the use of standard costing and variance analysis, fr

Marginal costing, sums with solution of marginal costing

sums with solution of marginal costing

Marginal & Absorption, Ask quCalculate the standard production cost per uni...

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

Calculate the approximate yield to maturity of the bonds, Netflix Inc wants...

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

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd