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Management and cost accounting? |
i have an exam on tuesday with mangement and cost accounting. does anyone know of any sites which could help with things like 1)activity based costing 2)process costing 3)traditional costing etc any help would be very much appreciated. http://www.finance-glossary.com/terms/cu... Frankly frankie, text books are a lot better. Dash off to the library this minute. Goodluck. |
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Semi variable costs do vary with volume but not in a direct way. Things like certain kinds of tools, machine space, supervisor costs will increase in a stepped way rather than uniformly with incre... C ...Yup, it's the Hi-Lo method alright. Here is how it goes: $234 X 1,200 units = $280,800 $205 X 1,400 units = $287,000 The difference between the two costs above is $6,200. We can safely... Operating Profit A= $60 or 15%, B= -$8 or -4%, C= -$20 or -25% Total= $32 or 4.7% If any were to be shut down it would have to be B and/or C. They have an excessive amount of avoidable c... Not sure you mean what you write, "cost accounting" is the generic term to describe an accounting system that is based on the output, not on the type of expenses. Under US GAAP (and ne... Weaknesses of Standard Cost Accounting for Management Decision Making As time went on, standard cost accounting lost its usefulness for management decision making due to a variety of reasons: ... RUN! Run far away from this career, it will only bring you headaches and stress. Do something else, please. ...everything you buy everything you sell everything you pay out to others everything you do ... |
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