Business
Business related articles
How Much Maintenance Work Or Repair Do You Need
August 23, 2015
How Much Maintenance Work Or Repair Do You Need
Maintenance work supervisors and service department foremen are apprised of the budgeted service or maintenance allowance by individual recipient cost…
Maintenance Costs Versus Responsibility Accounting
August 23, 2015
Maintenance Costs Versus Responsibility Accounting
Maintenance Costs and Responsibility Accounting. Maintenance expenses like any other indirect factory cost must find their way into the producing…
Calculation Of Manufacturing Overhead Rate
August 23, 2015
Calculation Of Manufacturing Overhead Rate
The determination of the manufacturing overhead rate follows the procedures discussed in the previous manufacturing  overhead rate discussion. The overhead…
How Is Overhead Cost Charged To Departments
July 26, 2015
How Is Overhead Cost Charged To Departments
Responsibility for Manufacturing Overhead Cost: As the preceding overhead cost topic indicate, many overhead items are directly chargeable to a…
Prerequisites Of Responsibility Accounting
July 26, 2015
Prerequisites Of Responsibility Accounting
Prerequisites of responsibility accounting: Personal Factors in Responsibility Accounting says a program to develop for management accounting controls which must…
Concept of Responsibility Accounting for Management
July 25, 2015
Concept of Responsibility Accounting for Management
Control of factory overhead and concept of responsibility accounting: Responsibility — Defined. Webster’s dictionary defines responsibility or being responsible as…
Why Organization Should Go For Responsibility Accounting System
July 25, 2015
Why Organization Should Go For Responsibility Accounting System
Reason why organizations should go for Responsibility Accounting system: Direct materials and direct labor are generally directly identifiable with specific…
Why Is Cost Consciousness Necessary For Cost Control?
July 24, 2015
Why Is Cost Consciousness Necessary For Cost Control?
Educational institutions (such as public school systems, colleges and universities) and service organizations (such as hotels, motels, hospitals, and nursing…
Why departmentalization is a must for cost planning and control?
July 24, 2015
Why departmentalization is a must for cost planning and control?
The responsible control of departmental expenses is equally essential in other than manufacturing activities. The following have or should have…
How Spending and Idle Capacity Variance Is Important?
July 24, 2015
How Spending and Idle Capacity Variance Is Important?
SPENDING AND IDLE CAPACITY VARIANCE ANALYSIS: The $7,000 under-applied factory overhead had been analyzed into a $750 unfavorable spending variance…