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What are the practical difficulties of installing a costing system?
Wiki User
∙ 9y ago
Some difficulties in installing costing systems include untrained staff, lack of support and resistance from the accounting staff. There also can be heavy coast in operating the system.
Wiki User
∙ 9y ago
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When is a job order costing system more appropriate than a process costing system?
Job order costing is more appropriate than process costing when the product being produced is a custom product
What is bms technician?
A BMS technician deals with the BMS (Building Management System), which deals with mechanical and electrical equipment inside a company like lighting, alarms, ventilation, and the like in a company. Some of their duties include performing maintenance to prevent problems with the BMS system, troubleshooting and repairing related internal systems, installing and configuring necessary hardware and software in the system, and configuring databases.
What new system did Lowell employ in his mill?
Factory System
What is the difference between system engineering and industrial engineering?
System engineering is concerned with developing requirements of a system, and then planning the work of design, production and operation of the system. We can say system engineering work is completed when the system is in operation. Industrial engineering is concerned with the efficiency of the system and also with human effort involved in operating the system. In a system design and installation, number of functional engineering disciplines and specialized engineering disciplines are involved. Industrial engineering is a specialized engineering discipline involved in system design and installation. Industrial engineering also evaluates and improves efficiency of systems over a period of time as they are into operation.
Who invented the industrial sewage system?
The Earliest Industrial Sewage system was developed and invented in twentieth century. This system is called Davyhulme Sewage Works, (the activated Sludge). This system was activated all over the world.
What are the practical difficulties in installing a proper costing system in any organisation?
One problem associated with adopting a costing system is the fact that implementation can be a problem. With so many moving pieces, managers must make sure they coordinate every aspect of the project to ensure that implementing the project is done successfully.
Why do you need product costing system?
needs of product costing system
What is another name for absorption costing?
Full costing system
If you were a candy manufacturer which costing system should you use full absorption costing or variable costing?
full absorption costing
What is a responsibility costing system?
responsibility costing is a costing which enable us to know which department is responsible for what
How does an actual costing system different from a normal costing system?
actual is the actual cost, normal is estimating
What are the main features of standard costing system?
features of standard costing
When is a job order costing system more appropriate than a process costing system?
Job order costing is more appropriate than process costing when the product being produced is a custom product
When job order costing system would be more appropriate than process costing system?
A job order costing system would be more appropriate than a process costing system for manufacturers who use different types of goods throughout the manufacturing process. Process costing is best to you when manufacturing a large amount of the same items.
Which is the best costing system for Automobile Industry?
process costin and target costing
What are the benefit's and limitations of job order costing and process costing system?
to undersrand
What are the differences between activity-based absorption costing system and traditional absorption costing system?
An activity-based absorption costing system defines the cost by how many activities a product unit uses. A traditional absorption costing system defines the cost by how much money went into making the product unit.
