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Question 1 Discuss the various elements of cost
Question 2 Explain the various stages involved in the distribution of factory overheads
Question 3 Define activity-based costing.Explain the steps or stages involved in designing an ABC system
Question 4 List the limitations of budgetary control. What is the difference between a budget and a forecast?
Question 5 From the undermentioned figures, prepare accounts indicating the cost of process and the total cost. The production was 480 articles per week Process I Process II Process IIIMaterials Rs 3,000 Rs 1,000 Rs 400Labour 1,600 4,000 1,200Factory Overheads 520 1,440 500
Office overheads amounting to Rs.1,700 should be apportioned on the basis of wages. Ignore stock in hand and work-in-process at the beginning and end of the week
Cost Volume Profit Analysis 1. Post Publishers has collected the following data for recent months: Month Issues published Total cost May
While we are looking for sources funds it is other than natural to start searching from home. What do we have? During examining the requirement for working capital we could also ma
Integrated Ledger System An integrated account ledger system, which has a number of features that may be viewed as preferable to the interlocking ledger system. In present dec
with relevant illustrations and examples, discuss the different overhead costing and control method.
Break-Even Chart This is a diagrammatic presentation of the relationship among costs, prices, expenses and the sales volume. A break-even chart expresses revenue and expens
L ABOUR VARIANCES Labour Cost Variance (LCV) Described by the ICMA, London, 'Labour cost variance is the variation between the standard direct wages specified for the pro
Alger Corp wants to buy some construction equipment for $50,000, which has a useful life of 4 years with no salvage value. Alger uses straight-line depreciation. Alger has a tax ra
Balance Sheet 2010 2011 Assets Cash
what is marginal costing and explain concept of marginal costing
The income statement of Holly Enterprises shows operating revenues of $134,800, selling expenses of $38,310, general and administrative expenses of $36,990, interest expense of $58
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