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

Cost sheet, what is a cost sheet? what are its advantages?

what is a cost sheet? what are its advantages?

Fixed costs, Fixed Costs Are costs such do not change along with of th...

Fixed Costs Are costs such do not change along with of the level of output? It is also named as autonomous cost, as it stays the similar irrespective of the activity level as

Calculate the retained profit, Harriet Ltd is a trading company set up a nu...

Harriet Ltd is a trading company set up a number of years ago with 5,000 £1ordinary shares issued at par. In order to expand the production facilities it needs to raise a further £

Price to set on the job, Bakeson Bearings Ltd is preparing to submit a bid ...

Bakeson Bearings Ltd is preparing to submit a bid for a bearings order.  Janet Lake,  CEO of the Manufacturing Division, has asked Jason Docker, the management accountant, to prepa

Economic order quantity, #purchase price R45 order costs R175 lead time 6 d...

#purchase price R45 order costs R175 lead time 6 days cost of capital (after taxation) 20% direct inventory holding costs R25 annual demand 8500 units business operational 330day p

Assessment item 2, rocess costing Prepare a spreadsheet to solve the follow...

rocess costing Prepare a spreadsheet to solve the following process costing problem. Review the four process costing videos provided in Interact Resources. Note that in the situati

Material handling, Material Handling The objective is to ensure about ...

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 con

OBJECTIVES OF COST ACCOUNTING, OBJECTIVES OF COST ACCOUNTING : 1-DETERMININ...

OBJECTIVES OF COST ACCOUNTING : 1-DETERMINING SELLING PRICE 2-CONTROLING COST 3- PROVIDING INFORMATION FOR DESING MAKING 4-ASCERTAINING COSTING PROFIT 5-Facilitating preparation of

Determine the incremental cost, Determine the Incremental Cost A compa...

Determine the Incremental Cost A company currently makes a component that has the given unit cost structure Direct Material Shs. 100

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