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Cost Components Companies which manufacture a product face an elaborated set of accounting issues. Additionally the usual accounting matters related with selling and administra
please concept clear me cost accounting for example, we manufacturing any product
What is buffer stock
Question: Suppose that the stock now sells at $80, and the price will go up by 5% or down by 5% at the end of first six month (t = ½). Then, the price will either go up by 10%
what is the importance and assumptions of application of marginal costing
explain one operation: unit or output cost
what is lean accounting
Direct Material Cost Variances (DMCV) This variance is a general difference in the standard direct material cost and the actual direct material cost. This variance may be prese
Inventory, Supplies and Prepaid Expenses You can well understand the requirements for carrying inventory. So as to carry on operations unhindered we require to have sufficien
what is planning and what part of this activity would you describe as planning in the situasion above
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