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what are thereasons for holding inventories
Standard Cost A predetermined cost is representing the ideal or norm achievable through an organization. Standard costs form the basis of a standard cost system used extensivel
1. Why are marginal costs increasing? Why are they not always constant? You may give examples in some industries or just state two reasons at least.
Making Variance Analysis More Meaningful To compose variance analysis as useful aid to management is the main objective of variance calculations. However this can only be don
Organization of Budgetary Control Budgetary control ideally includes the given steps as: 1. The creation of budget centres. 2. The introduction of sufficient
If the net income under marginal costing is #100,000, calculate absorption costing, if opening and closing inventories are #20,000 and #15,000
OBJECTIVES OF COST ACCOUNTING 1)To help in the development of long range plans by provided that cost data that acts as a origin for projecting data for planning. 2)To make s
Forbes Company uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the period, the company estimated manufac
Bedovin Company manufactures office tables and chairs using the job order cost system
what are the classifications of labour costs? what is employee psyche?
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