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Commodities to Stock
Employ Material Requirement Planning
From the Master Production Schedule the manager has determined such the products to be produced. A Bill of Materials can then be prepared. These contents in descending order the components essential to create the final product. The information essential includes part number or description, part name, next higher level assembly, essential quality per end item, quantity per end item and quantity essential for the next higher level assembly there.
Stores Ledger Account is also employed to get information on what is now available. The file signifies balance on hand and past data on how should is generally ordered, lead-time, and safety stock. The manager can find out from the above, what requirement to be purchased.
DEF Municipality uses a standard absorption costing system to control the cost of one of its services, namely the supply of water to its constituents. The fixed budget for the reti
Q. A firm's total cost function is given by TC = 2Q 2 + 10. What are the firm's fixed cost, variable cost, average fixed cost, average variable cost, and marginal cost functions?
cost accounting concept
Direct Cost as a Relevant Cost Direct costs may be directly chargeable to a cost center or a product. They may be fixed costs or variable costs whereas it comes to decision-ma
Moore Corporation follows a policy of a 10% depreciation charge per year on all machinery and a 5% depreciation charge per year on buildings (the corporation uses the nearest full
A forecasted increase in metal prices has encouraged the ABC Resource Company to consider the expansion of the capacity in one of its mine operations in Northern Ontario. For this
i asking for start up
An industrial drill costs $60.000 to purchase and $10,000 to install seven years ago. The market value now is $33.000 and this will decline by 12% of current value each year for th
Q. Let a firm's production function be given by K 0.3 L 0.7 . (i) Sketch (without specific numbers) the shape of the long run average and long-run marginal cost curves of the fir
Example of Methods of Allocating Service Costs Suppose the following data: User department Unit of Service Provided Costs Prior to Service Dep
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