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Inventory, Supplies and Prepaid Expenses
You can well understand the requirements for carrying inventory. So as to carry on operations unhindered we require to have sufficient amount of merchandise on hand The quantum we have to keep in store will be determined through the availability and regularity of supply, lead time for escape and rapidly. All the same we must carry several inventories in any case. As same is the case along with non-merchandise inventory as office and factory supplies. We have to carry a minimum stock of such to ensure smooth operations. We also identify that there are several expenses that are to be' Lid before we in reality use the services, such as rent, insurance and so on. In other words we invest your money in these items of assets so as to ensure smooth operations
Place a prepared slide of Trypunosoma under tlic microscope and focus it under low power, You will observe large number of tiny spindle-shaped trypanosomes lying in the plasma alll
Workmen shoes accumulated the following production and cost data for the past 5 months. i) Using the high/low method calculate the variable cost per unit and the fixed cos
Me ole cock spaniel plc. makes 3 products, details as follows: Apples (£) Pears (£) Cockneys (£) Selling price 60 80
Break-Even Chart This is a diagrammatic presentation of the relationship among costs, prices, expenses and the sales volume. A break-even chart expresses revenue and expens
Definition of Variance Analysis Variance analysis can merely be defined like the process of analyzing the difference between the actual cost and the standard cost this variati
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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
Zero Based Budgeting It is referred to also like priority based budgeting. It is a cost advantage approach budgeting where it is assumed that the cost allowance is Zero for a
This question tested the accounting of monetary instruments, especially an asset held at reasonable value through loss or profit. The preparation of the journal for subsequent and
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