Define Actual Cost
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added
A security that starts as an instrument similar to as check, in which a customer asks the bank to pay the designated amount to a payee in the future. The bank accepts the order, becoming responsible for payment, because the customer has the money to back the check, an
Write a short note on the main working areas of the Routing and personnel department?
Write down the different techniques employed to liberate the function of management accounting?
Normal 0
Common Cost: It is the cost of resources used jointly in the production of two or more outputs and the cost can’t be directly traced to any one of those outcomes.
Why is it significant to encompass a partnership deed in writing? Answer: Partnership deed is significant as it is a document stating relationship of each and every
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
18,76,764
1943391 Asked
3,689
Active Tutors
1449375
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!