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The costs that are fixed irrespective of manufacture are fixed costs. EX: Rent, Depreciation.
Fix cost is those cost who not alter in any time whether the production done or not it same charge in each organization ex- salary of labor, supervisor factory rent insurance etc.
reasons for standard costing card
The profit volume ratio of xltd. is 50% and the margin of safety is 40%.you are required to calculate the net profit if sales volume is rs.100,000?
Assume that you are the purchaser of the building at the end of the construction period, and you have paid the developer an amount which gives you a 7% annual return on net revenue
Flexible budgeting is a reporting system wherin the
Cube Manufacturing began two jobs during May 200X. The company had no beginning inventory. The following information is available:
Most of David's clients are local. However, a few of his clients require out of town travel. He incurred $2,500 of airfare, $1,570 in lodging and $1,313 in meals relating to the bu
Valuation of Inventory or Closing and Issues Stocks Valuation of inventory aims on attaching a monetary value in the issued or stores for production. It is useful in producing
short note
Daisy Ltd has a net profit after tax of $3 400 000 for the year ending 30 June 2012. For the entire financial year Daisy Ltd had two million $1.00 cumulative preference shares on
2012 2011 Cash 12200 17700 Acct receivable 25200 22300 Investments
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