Solution-Explain the components of Responsibility Accounting

Explain the components of Responsibility Accounting

Reference no: EM132824104

Question - GC Pharma is engaged in the manufacturing of medicine. The company has decided to produce 10000 medicine in the year 2021 for which the company has defined the budget of Rs.1,90,000 at the beginning of the year. Still, at the end of the year, it has noticed the actual cost incurred for the production is Rs.1,95,000.

There is an excess expenditure of Rs.5000 over-budgeted expenditure. Kindly suggest - Which responsibility manager has to explain excess expenditure of Rs. 5000 and also Explain the components of Responsibility Accounting.

Reference no: EM132824104

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Explain the components of Responsibility Accounting : Which responsibility manager has to explain excess expenditure of Rs. 5000 and also Explain the components of Responsibility Accounting

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Explain the components of Responsibility Accounting

Reference no: EM132824104

Reference no: EM132824104

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