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Q. Explain Break-even revenue?
Sales revenue earned would give no profit and no loss. It can be computed by multiplying break-even volume (above) by products selling price, or alternatively by using the below formulae.
= Fixed overhead/C/S ratio
a factory operates a small canteen but its annual operation has consistently shown a loss:
Ed Mettway was concerned about his firm''s ability to acquire the necessary property, plant, and equipment to take advantage of steadily increasing sales. Touring Enterprises, esta
The credit term from the supplier is 2/30, net 60. Requirements: Write the calculation Determine the effective annual rate if the firm does not take the discount.
what is scope of cost accounting
Compute the predetermined overhead rate used during the year in the Preparation and Fabrication Departments.
concept of cost accounting in an enterprise
You sell a machine for $600,000. You allow the client to pay 1/3 at the time of the sale and 1/3 at the end of year one and 1/3 at the end of year two. The company earns 10% on ass
Q. Show the Profit volume charts? A variation of a break-even chart, representing graphically the relationship between profit &losses at different levels of sales volume achiev
Inventory Management and Control Here the objectives of inventory management are as: 1. To ensure adequate stocks to permit for continuous production/operations, and
Disadvantages of Standard Costing 1. The system of standard costing is very expensive to install : A lot of money is spent in studying output requirements in terms of materia
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