Cost Accounting
- Accounting
7 Scope And Areas for Cost Reduction in a Manufacturing Company
The strategic areas for a Cost reduction programme may be manifold. The following are a few examples of critical areas…
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6 Important Techniques of Cost Reduction in Manufacturing Industry
Techniques of Cost Reduction The main techniques used for cost reduction are as follows 1. Cost Analyses 2. Ratio Analysis…
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What Is Cost Leadership Strategy And How Is It Achieved?
What is Cost Leadership Strategy ? Cost leadership is a kind of Strategy that is used by many companies to…
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The Impact Of Cost Control On Manufacturing Industries
Impact of Cost Control on Manufacturing Industries : Attention must be called to the fact that in the long run…
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Variance Analysis for Responsibility Accounting
Variance Analysis for Responsibility Accounting. Today with the emphasis on responsible control of financial results via the Return On Capital…
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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…
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Year-end Departmental Expense Analysis Sheet
Departmental Expense Analysis Sheet: Departmentalization of factory overhead requires that each expense be charged to a department as well as…
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Allocate service department costs to production departments
Allocate service department costs to production departments: Instead of closing all service department overhead directly to producing departments, some overhead…
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How To Calculate Predetermined Overhead Rate
Calculate Predetermined Overhead Rate The illustration uses four producing departments here such as Cutting, Planing, Assembly, and Upholstery; and four…
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Methods of allocation of utility costs to producing departments
The number and types of service departments in a company depend on its operations and the degree of expense control…
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