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Administration Costs Budget
This represents the costs of all administration expenses. Every department or budget centre will be responsible for the preparation of its own budget. Secretarial, Management, Accounting and Administration costs that cannot be directly concerned to the production are involved here. The budget will be mainly incremental that is previous year's figure will tend to apply for its next budget along with an allowance for inflation.
Corporation has determined the contribution margin ratio is 35% and the income tax rate is 40%. Required: A) Assume break-even volume in dollars is $1,500,000. What are total fixed
CONTRIBUTION : It is the variation between the marginal cost of sales and sales and it contributes towards fixed profit and expenses. It is differ from the profit which is the net
Eckels Wares is a division of a major corporation. The following data are for the latest year of operations: Sales
A retailer knows the annual demand for one of its product is 100,000 units, the ordering costs are £25 per order and the average carrying cost per unit is 35 pence. You are require
NSC Ltd. has a 31 May fiscal year-end. NSC disposed of its Information Systems Group (ISG) on 31 January 20X3. ISG had a net loss (after taxes) of $37,700,000 in 20X3, to the date
What is cost accouting
A local government authority owns and operates a leisure centre with numerous sporting facilities, residential accommodation, a cafeteria and a sports shop. The summer season lasts
You want to have $2,000,000 in your retirement account (IRA) at the end of 30 years. You hope to earn 6% per year. How much must you save each year?
What is labor costing,what are the problems involved in labor costing
What are the four elements of the budgeting cycle?
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