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Ranking of Decision Packages
The ranking procedure is employed to establish a rank priority of decision packages in the organization. Throughout the ranking procedure managers and their staff will examine each of the numerous decision package alternatives. The analysis permits the manager to choose the one alternative which has the greatest potential for attaining the objective(s) of the decision package. Ranking is a manner of computing all decision packages in relation to each other. As, there are any numbers of ways to rank decision packages; managers will no doubt employ different techniques of ranking. The major point is that the ranking of decision packages is a significant procedure of ZBB.
During 2010, Jackson Company estimated that its manufacturing employees would work 80,000 direct labor hours. During the year the company actually worked 75,000 direct labor hours.
What are the Changing role of management accounting 1. Focus on customer scarification: customer satisfactions are continuously gaining high priority in management thinking i
#labour costing techniques
Explain product cost Product costs are those costs which are associated with and directly identifiable with the product. In other words, which are assigned to the product are p
Explain the Cost accounting: Meaning and definition: Cost accounting is the process of accounting for cost which begins with the incurrence of cost and ends with th
discuss which of the cost classification is suitable for LunchBreak LTD and why?
Issa Company manufactures a personal computer designed for use in schools and markets it under its own label. Issa has the capacity to produce 25000 units a year but is currently p
Receivable management is a specialized activity and needs various time and effort on the part of the firm. Collection of receivables frequently poses problems, mainly for small and
Discretionary fixed costs and Semi variable costs Discretionary fixed costs are those which are incurred as a result of management discretion. These costs have two importan
Advantages of activity based costing 1) It helps understanding the behavior of overhead costs and their relations ship to products services customers and market segments. 2)
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