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Co-ownership incentive scheme or Profit Sharing Schemes
The organization permits for ownership whereby the employees are permitted to own a percentage of the shares in the firm and thus, have in the company's profits. It converts employees from mere salary seekers to individuals who such are part of the organization. They will be directly affected through the decisions taken in the firm in earnings in form of changes per share and also dividends per share. In form of security, guarantees or loan the Company may offer financial assistance if possible.
Direct and Indirect costs Recall such direct costs are costs which can be traced particularly to the end product of the production procedure while indirect costs cannot be so
what are the accounting entries for interlocking and integrated systems of cost accounting?
M aterials mix variance : It can be described as that portion of direct material usage variance which is the variation between the actual quantities of ingredients used in a mi
The number of workdays varies from month to month due to the number of weekdays, holidays, days of vacation, and sick leave taken in the month. The number of units produced in a
how does idle capacity effect cost behavior patterns and factory overhead application methods
a company has the budget for manufacturing overhead based on direct labor hours. budgeting at 10,000 direct labor hours are as follows. Variable costs= 160000 Fixed Costs
Describe the ways in which the needs of internal and external users of accounting information are the same and different.
Q. Given the below, partial bond accretion table, what was the market rate of interest when the bond was issued? Cash Interest
Allocation of Joint Costs Whereas two or more products of relatively high value emerge simultaneously from a single process, they are named as joint products. The processes s
Small Steps sells step stools. Their budget information is shown below. selling price: $40 per stool Variable expense:$30 per stool Fixed Expense:$24,000 use the above inform
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