Food costing theory


Question 1: Describe the methodology followed in the cost accounting with regard to food production.

Question 2: State the uses of categorization of cost into elements.

Question 3: Describe the cost control applied in the purchasing and storing of materials.

Question 4: How does material cost persuade the pricing decisions?

Question 5: Explain the control method applied to control the labor cost.

Question 6: Bring out the behavioral categorization of cost.

Question 7: How does cost report help in the managerial decision making?

Question 8: State the procedure of computing overheads and recovery rates.

Question 9: Explain the methods followed while pricing the issue of materials.

Question 10: What are the basic principles adopted while computing the unit in food production?

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Other Subject: Food costing theory
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