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consulting projectpricing and production decisions at poolout ltd poolout ltd manufactures and sells a single product called the rainin which is a
illustrate the general design of waste heat boilers the boiler system shall be made up of a fire tube type heat exchanger a steam drum with relief
what is the scope of waste heat boilersthis specification covers the minimum requirements for the design material selections fabrication testing and
explain management accountingmeaning amp definition management accounting is comprises of two words management and accounting it is the study of
explain the objectives of management accounting 1 planning and policy formulation the object of management accounting is to supply necessary data to
determine the functions of management accounting1 planning and forecasting management fixes various targets to be achieved by the business in near
what are the principles of management accounting1 the procedures and methods to be followed for keeping and analyzing financial statements should
determine the the tools and techniques used in management accounting1 financial policy and accounting every concern has to take a decision about the
determine the need and importance of management accounting1increasing efficiency management accounting increases efficiency of business operations
describe the limitations of management accounting1 based on accounting information the correctness and effectiveness of managerial decisions will
what are the changing role of management accounting1 focus on customer scarification customer satisfactions are continuously gaining high priority in
7 feed from control to planningit is realized these days more than even before that management control is primarily a human activity which should
describe benchmarkingit is the process of measuring products service or activities against the best level of performance which may be found either
explain the cost accounting meaning and definitioncost accounting is the process of accounting for cost which begins with
explain the scope of cost accounting scope of cost accounting the scope of cost accounting is very wide and includes the following1 cost
describe the principles of cost accountingprinciples of cost accounting the fundamental principles of costing are identical and are given below 1
objectives of the cost accountingthe objectives of the cost accounting are ascertain of costs fixation of selling prices proper recording and
what are the advantages of cost accounting1 cost accounting as an aid to management cost accounting helps the management in carrying out of its
disadvantages of the cost accounting1 it is unnecessary it is argued that maintenance of the cost records is not necessary and involves duplication
explain the concepts of costsa cost accountant is mainly concerned with the following cost concepts1 concept of objectives it is this concept that
illustrate the concept of costthe term cost indicates the amount of expenditure actual or national incurred on or attributable to a specified thing
relevant costs and benefits for operating decisionsin operating decisions concentration is on best use of existing capacity incremental analysis
describe the selling costs and development costsselling coststhese are costs of seeking to create and stimulate demand sometimes termed as marketing
determine the distribution cost and research cost distribution costthe cost of sequence of the operations which begin with making the packed product
explain administration cost and pre production costsadministration cost the cost of formulating policy directing the organization and controlling the