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Advantages of kaizen costing
1) Record individual tasks
2) Instantly replay observation
3) Select and use best practice
4) Categorize activities using kaizen terminology
5) Present pareto charts to highlight opportunities
6) Create line and work cell balance charts
7) Create customized data libraries for your unique operations
Explain Skimming pricing It is one of the most commonly discussed pricing method is the skimming pricing. This pricing method to the firm's desires to skim the market by sellin
Traditional budgeting vs. zero base budgeting 1) Traditional budgeting is accounting oriented. Main stress happens to be on previous level of expenditure. Zero base budgeting m
Control Control includes a comparison of actual performance with the plan so that deviation from the plan can be identified and corrective action taken. It can be define
why the activity costing have most comparative bid?
interest rates
Cost Advantage and Value Chain Cost advantage is one of the two types of competitive advantage a firm may possess. Cost is also of vital significance to differentiation strate
This variable deals along with the granting of credit. On one great all the customers are granted credit and conversely, none of them are granted credit irrespective of their credi
Give the following cost data Costs /per unit labor … $ 4 Materials …5 Fixed cost … $ 12000 Determine the break even point in units if the selling price is $ 19.00 Determine th
Why might managers favour this ABC system instead of the older system that allocated all MOH costs on the basis of direct? labour?
accepted#Regarding the Overhead costs, these are allocated based on Direct Labor;
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