Solution-Which technique of costing be used by oman

Which technique of costing be used by oman pharmaceutical

Reference no: EM133159157

Question - Oman Pharmaceutical Products Co. LLC is a pharmaceutical company in Oman. Costing procedure for Oman Pharmaceutical Products Co. LLC company is very important. It needs to update in a regular basis. Moreover, all Pharmaceuticals firms try to keep this information secret in this competitive market. The company is trying to identify he costing procedure followed presently including cost accounting systems procedure and techniques. Company vant to achieve top quality along with cost control by using its cost accounting information very strongly.

a. How cost accounting helps Oman Pharmaceutical Products Co. LLC in determining the selling price?

b. Which kind of decision can be taken by Oman Pharmaceutical Products Co. LLC using cost accounting method?

c. Which technique of costing can be used by Oman Pharmaceutical Products Co. LLC and justify why that technique can be used?

d. What are the benefits enjoyed by Oman Pharmaceutical Products Co. LLC, by adopting cost?

Reference no: EM133159157

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Which technique of costing be used by oman pharmaceutical

Reference no: EM133159157

Reference no: EM133159157

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Cost Accounting Questions & Answers

Cost accounting assignment

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