Material handling, Cost Accounting

Assignment Help:

Material Handling

The objective is to ensure about the goods are delivered to the right places at the right instance and in aright manner to ignore delays, unnecessary and contestation handling.  A big percentage of production costs are taken up through material handling activities.  A good material handling system must minimize these costs.

The manger needs to determine the type of equipment to be employed to handle the material. Here the type of equipment which is most frequently employed includes as:

  1. Trucks
  2. Lifts
  3. Cranes
  4. Towing
  5. Conveyors

The type of equipment for the issues that influence, used includes as:

  1. Rate or frequency of movement
  2. Volume
  3. Type of materials being moved
  4. Route of movement speed required
  5. Safety or hazards involved
  6. Method of storage employed.

Related Discussions:- Material handling

Find the total amount of product costs, for financial accounting purposes, ...

for financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units?

Prepare the purchases ledger control account, You work for a firm of accoun...

You work for a firm of accountants as a junior accounts assistant and part of your role is to prepare clients' ledgers accounts from incomplete records. A client of the firm you

Marginal costing, MARGINAL COSTING As per the Chartered Institute of Ma...

MARGINAL COSTING As per the Chartered Institute of Management Accountants, London, the phrase 'Marginal cost' means - 'the amount at every given volume of output through which

Advantages of cost accounting, ADVANTAGES OF COST ACCOUNTING 1.        ...

ADVANTAGES OF COST ACCOUNTING 1.         It helps in efficient decision making. 2.         It assists in cost drop. 3.         It is useful in obsession of selling price

Costsheet, preparation of costsheet

preparation of costsheet

Valuation of inventory or closing and issues stocks, Valuation of Inventory...

Valuation of Inventory or Closing and Issues Stocks Valuation of inventory aims on attaching a monetary value in the issued or stores for production. It is useful in producing

Operation and design of cost accounting systems, Operation and Design of Co...

Operation and Design of Cost Accounting Systems A number of features should be taken into account previously to finalizing the design of a cost and management accounting syste

Prepare the capital accounts, Shirley and Ken are in partnership, trading i...

Shirley and Ken are in partnership, trading in the construction industry. The year end for the partnership business is 30 June. You are the Assistant Accountant and have been as

Why is it important for financial statements, Why is it important for finan...

Why is it important for financial statements and other external reports to be based on generally accepted accounting principles?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd