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State the factors of CVP
The three factors of CVP analysis I e cost volume and profit are interconnected and dependent on one another . for example profit depends upon sales selling price to a large extent depends upon cost and cost depends upon volume of production as it is only the variable cost that varies directly with production whereas fixed cost remains fixed regardless of the volume production . in cost volume profit analysis an attempt is made to analysis the relationship between variation in cost with variation in volume .
What are the Objectives of budgetary control 1) Planning : planning is an important managerial function. it helps to decide in advance, what to do how to do it when to do it a
State the Opportunity cost The net selling price, rental value or transfer value which could be obtained at a point in time if a particular asset or group of the assets were to
Disadvantages of participatory budgets They consume more time and therefore are more expensive The advantage of management participation may be negated by failure t
Kinematic Pair: A pair is a joint of two elements which permits relative motion. The relative motion among the elements of links that built a pair is needed to be fully constrain
Explain with examples five areas where linear programming can be applied in Managerial accounting
Question 1 A healthcare company specializes in hip, knee and shoulder replacement operations, known as surgical procedures. As well as providing these surgical procedures, the
directing[ budgeting
Question : (a) A company manufactures and sells two products A and B. Presently, it sells 600 units of A and 400 units of B at a price of £24 and £19 respectively. The unit
XYZ Industries manufactures electronic testing equipment. XYZ also installs the equipment at customers' sites and ensures that it functions smoothly. Additional information on the
Is there a theory for financial ratios
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