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In a given period production and cost data were as follows: Total Costs Materials Rs. 5,115 Labour 3,952 Overheads 3,000 Rs. 12,067
Production was 1400 fully done units and 200 partly done. The degree of completion of the 200 units W-I-P was as follows Material 75% done Labour 60% done Overheads 50% done
Requirement: Measure the total equivalent production, the cost per complete unit and the value of the W-I-P.
Find a journal article online about just-in-time inventory systems. In the subject line of your post, include the title of the article that you read. Post a link to that article wi
Freshly Ground Investments have just made an investment of $550 000 in a new Toyota Hilux (with trailer) delivery vehicle. This vehicle will be used for deliveries and generate rev
please concept clear me cost accounting for example, we manufacturing any product
Questions What are your recommendations to Ted Lapres? What aspects should he keep, what should he change, and in what sequence should he make the changes? • Do you think the D
Importance of Cost Classification Analysis of cost behaviour is significant to all organizations for effective management. It is since many organizations have a unique cost st
We have noticed that working capital is needed to finance that portion of current assets that is not financed through current liabilities. We also noticed that the investments repr
Determine the factors that distinguish profit calculated according to (a) marginal costing and (b) absorption costing principles.
DEFINATION
Winston Duff is planning to borrow $225,000 to purchase a new home. Mr. Duff is considering two fixed-rate financing alternatives offered by Horsepen Creek State Bank. The first
OBJECTIVES OF COST ACCOUNTING : 1-DETERMINING SELLING PRICE 2-CONTROLING COST 3- PROVIDING INFORMATION FOR DESING MAKING 4-ASCERTAINING COSTING PROFIT 5-Facilitating preparation of
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