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Ratio analysis
A ratio is a simple arithmetical expression of the relationship of one number to another.
It may be explained as the indicated quotient of two mathematical expressions
Significance points of Variance The following significant points must be kept in mind: Controllability: Controllability should also influence the decision whether t
Account analysis (Inspection of accounts) method: This method requires that departmental managers and the accountant inspect each item of expenditure within the accounts for s
10 questions
Exercise 12-7 sell or process further
Decision Making Process Decision making is the process of choosing among alternatives. There are 7 steps that should be followed as shown in figure below: Figure:
What is Costco''s Financial decisions, Centralized or decentralized?
Learning and Spillovers The cost of a value activity can decline over time due to learning that increases its efficiency. The methods by which learning can lower cost over tim
Customer oriented or perceived value pricing There is an increasing trend to price the product on the basis of the customer's perception of its value. This method takes into ac
Cost comprise impact Some of the policy choices which tend to have the maximum impact on cost comprise: Product performance, configuration, and characteristics Mix and
Selling product for 31.00 and Variable expenses are 26.00. In order to cover the fixed expenses 31,500 hats must be sold what is the Total fixed cost in dollars?
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