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What is cost control and how do you apply cost control to production?
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Cost of production that affects people who have no control over how much of a good is produced?
spillover cost
How much is pollution control estimated to increase the cost of production in the united States?
.20
What is the difference between production control and process control?
Production control involves the systematic planing, co-ordinating and directing of manufacturing activities to ensure that good are made on time, of adequate quality and at reasonable cost. Process control on the other hand, is the production of materials through the use of ICT systems. An example of process control is paper production. Gabriel.
Under-over absorption of overheads how is it treated in cost accountancy?
The absorbed overhead is part of the production cost of the cost units and therefore it is debited to the work-in-progress control account together with the direct materials, direct labour and any direct expenses incurred, to give the total production cost for the period. The credit entry is the production overhead control account which will have been debited with the actual overhead incuured. Any balance on the production overhead control account is the transfer to the income statement as under or over-absorbed overhead.
Different kinds o f controlling tools?
Dpfferent kinds of controling Tools are: Cost Control, Finance Control, Management Control, Labour Control, Production Control, Marketing Control
Costs of a production that affect people who have no control over how much of a good is produced?
spillover cost
What is learning curve according to cost of production?
The learning curve is reverse 'J' shaped. Its shape indicates that the cost of production rises with rise in quantity produced but to an extent. After that point it stops increasing. It happens because the management or the production department learns to control the cost of production from past mistakes or experience or by reffering previous data. so, the learning to control the cost has named this curve as learning curve. when the cost stops rising and it stabilises then the curve becomes a straight line acordingly.....and it forms the shape of reverse 'J'.
What is production management?
Production management refers to a type of management relating to product production. In this management, control is over everything from scheduling to performance, cost, waste requirements and quality of the products.
Why is volume control in most modern laptop computers only through software and OS control and can't be done physically in hardware?
PRODUCTION COST. You can replicate software for free. Components cost money.
What was the Production Budget for Control?
The Production Budget for Control was $6,400,000.
Production cost formula?
cost of production formula
How is the flexible budget information used to evaluate performance?
The flexible budget report can be used to evaluate performance in two areas: production control and cost control.
