What is Job Order Costing
Job Order Costing: A technique of cost accounting which accrued costs for individual jobs or lots. A job might be a service or manufactured item, like the repair of tools or the treatment of a patient in the hospital.
ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Information that a manager need to make What is the various information that a manager need to make a decision?
What is the various information that a manager need to make a decision?
The operating level at which the total sales revenue equals the total cost. Total sale revenue is equal to the price per unit times the number of units sold. Total cost equals total variable cost, the number of units sold in time the variable cost per unit and the tot
Briefly illustrate the general role of accounting?
A defined time period in accounting for stock options. In the mean while the blackout period person granted the option is not allowed to exercise it. This usually occurs after the granting of the stock options and allows the price of the stock to increase above the exercise price. <
Explain Management accounting as an information system in brief?
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Capital Budgets: The procedure of finding out which potential long-term projects are value undertaking, by comparing their estimated discounted cash flows with their internal rates of return. Capital Budget is the
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
Why you want to be an accountant? Normal 0 false
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