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Vogel's Approximation Method (VAM) This method is a heuristic and usually provides a better starting solution than the two methods described above. However, VAM generally yield
What is Cost unit While the cost centres assists in ascertaining costs by location, person, equipment, operation or process, cost unit is a unit of product, service or a combin
how to journalize entry. purchased $150,000 of raw materials on account, terms of 2/20; n/30
advantage and disadvantage of incremental budget
Classification of ratio according to significance The ratios have also been classified according to their significance. Some ratios are more important than other and the fir
Susan works in a real estate office that is equipped with up-to-date copiers, scanners, and printers. She is frequently the only employee working in the office in the evenings and
BENCH MARKING In the current business environment, organizations are under a lot of pressure to improve performance and that of their divisions or subsidiaries. Bench marking i
hi how do we find a schedule of expected cash collections
MAKE A TRADING ACCOUNT
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