Describe JOC in accounting
Describe JOC in accounting?
Expert
JOC means Job Order Costing and it is a portion of Cost Accounting.
The job order costing system is employed whenever a job or batch is appreciably distinct from other batches or jobs. The cost accounting is generally fairly simple in such systems. The Labor and materials are entered on a job ticket. Overhead is generally added to the amount the customer will be charged for materials and labor.
What is offshore banking center?
Explain why depreciation is not charged on land?
What do you mean by the term turnover?
Explain why do investors invest within the lion’s share of their funds within the domestic securities?
What are Impersonal accounts and how it is classified?
The process of allocating the arrears of estate assets to the distributions. Distributions from the estate proceed in a particular order starting with specific legacies, effusive legacies, general legacies, and finally residuary legacies. If legacies assets are not capable to meet the will's prov
to what extent does risk and term structure affects interest rates of financial instruments.
Explain the term Agricultural business in term of Accounting?
What is Freight-in and what are its conditions?
Explain Gross margin with their appropriate formulas?
18,76,764
1932853 Asked
3,689
Active Tutors
1444278
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!