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INTERPRATATION OF VARIANCE Controllability, Materiality and Trend are the interpretation of variance. The point of comparing flexed budget and real figures is to see what corre
Why might managers favour this ABC system instead of the older system that allocated all MOH costs on the basis of direct? labour?
Adm2341 manufactures and sells four different products. The following data are extracted from the most recent financial statements: Products
It is the most practical way of estimating working capital needs. In such method, the finance manager gets ready a working capital forecast. While preparing such forecast, firstly
How costs behave as the level of activity/volume changes. Why an understanding of cost behaviour is important ? Types Variable e.g. petrol, direct materials Fixed e.g.
ABM(Activity based management): ABM system is primary source of information for AM as a part of ABM identify value added and non-value added activity and management are also to
when assessing Market Value of common stock, is the "market value" the market value when the company sold the stock or the current market value?
I WANT TO KNOW THE RULES FOR DOING LIFO AND FIFO
discuss which of the cost classification is suitable for LunchBreak LTD and why?
Interest coverage ratio (or debt service ratio) Meaning: this ratio establishes a relationship among net profits before interest and taxes and interest on long debt. Obj
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