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Wages Department
It is accountable for the preparation of the payroll and the payment of wages. The routine will need:
a) Analysis of clock cards and verify of overtime authorization
b) Computation of bonus
c) Compilation of gross earning
d) Computation of deductions
e) Preparation of pay details for all employee showing total wages
f) Arranging for payment of wages to employees
explain fully the concept of the cost.how does cost accounting contribute to the effective and efficent management of an industrial established?
1) The Svelte Jeans Company produces two different types of jeans. One is called the "Simple Life" and the other is called the "Fancy Life". The company sales budget estimates that
This time of year we all here about football. For me it is the bad news of how poorly the Buffalo Bills are performing. Hopefully your favorite team is doing well. One thing we
some clarificationon how to compute closing stock and openning stock using marginal costing technique and absorption.
Cowboy Constructions employs a full-time driver and incurs costs for a vehicle to deliver paperwork between each of their building sites. Select Couriers has offered to carry out t
Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances during the year, the board raises, lowers, or mainta
Usefulness of Variance Analysis Carefully note that while prices are being charged to production, it can be done at the actual or standard price. For purposes of making varian
Weighted Average Method - Work in Progress While this method is employed, all costs of production are considered in assigning costs to inventory. The method puts together open
budget preparation
ANGLE OF INCIDENCE: It is an angle that is created when the entire sales line intercepts the entire cost line from below in the breakeven chart. It is inferred that higher the an
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