the books of a Company Cost Sheet for the period ended…….. Units Produced….. Name of the product unit sold…. Particulars Total cost Rs. Unit Cost Rs. Opening stock raw materials Add Purchases of Raw Materials Add: Expenses on Purchases of Raw Materials (octroi & duty) Less: Closing stock of raw materials Less: Sale of scrap or defectives of raw materials = Cost of materials consumed Add: Productive Labour Add: Outstanding wages Add: Direct Expenses( architect’s fees)
Premium Cost Inventory Material
Cost Classifications and Estimation 2.0 Introduction Cost classification may be defined as ‘the arrangement of cost items in a logical sequence having regard to their nature and purpose to be fulfilled’. The term cost must be qualified when in use in order that its precise meaning is established in a particular situation; however‚ cost refers to the amount of resources that have been diverted from other uses or sacrificed so as to achieve the desired objective. But the term is used to refer to
Premium Costs Variable cost Cost
CONFIDENTIAL AC/OCT 2010/ACC116/165/211 UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION COURSE COURSE CODE EXAMINATION TIME INTRODUCTION TO COST ACCOUNTING / COST ACCOUNTING ACC116/165/211 OCTOBER 2010 3 HOURS INSTRUCTIONS TO CANDIDATES 1. 2. 3. This question paper consists of five (5) questions. Answer ALL questions in the Answer Booklet. Start each answer on a new page. Do not bring any material into the examination room unless permission is given by the invigilator. Please check to
Premium Costs Cost Variable cost
Direct democracy is where the people vote directly on the laws. The problem with this is rational ignorance‚ where cost outweighs the benefits. There are three kinds of direct democracy: recall‚ initiative‚ and referendum. It happens in four stages: preparation stage‚ qualifications stage‚ voting stage‚ and the implementation stage. Direct democracy is only good because people get what they want and many innovative ideas happen at the ballot box. It’s bad because there is budgeting at the ballot
Premium Democracy
Roles of supervisor The direct supervisor is the individual who oversees the service activities and provides frontline staff with constant direction‚ assistance‚ and feedback. Support from supervisors may build nurse commitment. As organizational representatives‚ supervisors who strive to create favorable job conditions are likely to experience a reciprocal concern for the organizational wellbeing from nurses. In this way‚ the supervisors’ discretionary effort may be rewarded with engaged
Premium Stress Nurse Nursing
Inventory Exercises 1. At Dot Com‚ a large retailer of popular books‚ demand is constant at 32‚000 books per ear. The cost of placing an order to replenish stock is $10 and the annual cost of holding is $4 per book. Stock is received five working days after an order has been placed. No backordering is allowed. Assume 300 working days a year. a. What is Dot Com’s optimal order quantity (EOQ)? b. What is the optimal number of order per year? c. What is the optimal interval (in working days)
Premium Economic order quantity Inventory
COST SHEET – FORMAT |Particulars |Amount |Amount | |Opening Stock of Raw Material | *** | | |Add: Purchase of Raw materials |*** | | |Add: Purchase Expenses
Premium Material Depreciation Salary
Written Analysis – Chapters 1 & 2 Christopher Citarella Northwood University MGT4800—Strategic Planning Dr. Kelly Bruning Sunday‚ July 19‚ 2015 Chapter 1 Application Questions Exercises: 1. Go to the Internet and look up one of these company sites: www.walmart.com‚ www.ge.com‚ or www.fordmotor.com. What are some of the key events that would represent the “romantic” perspective of leadership? What are some of the key events that depict the “external control” perspective of leadership
Premium Ford Motor Company
business growth for the past 3 years‚ there is a need to continue the momentum of business expansion. Thus‚ this marketing plan will outline the situational analysis‚ marketing initiatives with emphasis on database and telemarketing plus a proposal of a direct mail campaign to acquire new customers for SKYwalker Express. MISSION‚ VISION & VALUES Mission • We are a local team of empowered people that connects business‚ markets and people in a sustainable way which continues to support
Premium Marketing Customer relationship management Customer service
1. Indirect compensation includes free meals‚ life insurance‚ and discounts on accommodations. (T) * It is a contract between employee and employer * Aim to attract and keep loyal employees * Includes: paid vacation; health benefits; life insurance; free meals; free living accommodation; use of recreational facilities operated by the employer; discounts on accommodations; use of a company vehicle; reimbursement for outside classes; child care * Most common forms of indirect compensation:
Premium Costs Variable cost Employment