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Companies can use the Economic Order Quantity (EOQ) method to maintain the existing inventory conditions within the company, especially to reduce the existing fixed costs that can arise from the purchase of goods using expedition services. For example, buying goods with Full Container Load (FCL) and Less Container Load (LCL), the LCL fixed cost will be greater because the goods purchased are small but the tariff for sending goods from the supplier to the factory requires no small cost, especially with shipping goods from abroad that will add costs until the terminology is formed in the practice of cost accounting is referred to as 'landing cost'. In maintaining the freshness of UHT milk, companies need to use good quality paper and can withstand water and even the freshness of dairy products is maintained even if stored at room temperature. We often see this when we go to retail stores, right? As an accountant from the UHT Dairy Products Company, you have the task of conducting a survey of the raw materials for packaging - paper from Korea that must be sent to Indonesia. Management also questioned which costs could arise and whether the company should continue to import paper when paper was needed or the need for maintaining paper stock at the factory.
Question 1: If companies must import paper when needed, what should be considered and what costs will occur, and vice versa?
Question 2: Analyze and use info graphics of the decisions that must be taken by the company along with the impacts, advantage, and disadvantage, also which methods that can be used? EOQ or Just in Time (JIT)?
Describe the accounting concepts that focus on determining the amount of cost, when costs should be recorded, and to what costs should be compared.
What payments must Zach Taylor make to settle the loan at the interest rate of 11%, but with the 6 payments beginning on the day the loan is signed?
Pay for an invoice for a week's (27 May to 29 May) fuel bill of $484 incl. GST from Texaco Petrol. This is not yet paid yet. Record the relevant adjusting entry
Based on information in the text, list some of the elements of internal control you would expect the company's management to have established.
What The budgeted cost of goods manufactured for June would be? A company determined that the budgeted cost of producing a product is $30
Identify an internal control procedure that could have prevented the company's losses. Explain how the procedure would have stopped the embezzlement.
Calculate the first year's net earnings under the cash basis of accounting, and calculate the first year's net earnings under the accrual basis of accounting.
Determine the capitalized cost of the coal mine.
Prepare a monthly cash budget and supporting schedules for March, April, and May - On the basis of the cash budget prepared in part (1), what recommendation should be made to the controller?
Calculate the direct labour mix variance. Calculate the standard cost per unit of the yield. Calculate the yield ratio. Calculate direct labour yield varianCE.
Analysis of Special Products Division's assets indicates that goodwill of $200,000 exists on December 31, 2007. What goodwill impairment should be recognized by General Products in 2007?
If A was allocated $187 500 of the joint production costs under the net realisable value method, what was the selling price of D
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