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What advantage does a normal costing system offer?
1.)Income smoothing purpose- Applied FOH rate is an average or normalised rate used in calculation of applied FOH cost.- Use only one surrogate as a FOH cost driver rather than FOH cost are being affected by many one-off and/ or uncontrollable factors2.) More timely factory overhead costs information (Esp. for pricing purpose)- Estimated (applied) FOHs can be made available before actual FOHs are available.3.) Removal of incentive for managers to produce for inventory. If the value of inventories includes FFO (Which is fixed cost), managers can bolster operating profit by producing more units than are sold.-->> Applied overhead cost = variable cost4.) Providing a basis for monitoring evaluating and controlling overhead costs by means of variance analysis.-->> Underapplied FOH = Applied FOH < Actual FOH -->> Unfavourable-->> Overapplied FOH = Applied FOH > Actual FOH -->> Favourable
What is the equation of closing stock?
closing stock calculation formula? closing stock calculation formula? closing stock calculation formula? yes how can i do the closing stock calculation?
What is the current income tax slab?
details of calculation of i.tax
Is Amortization included in the cost to income calculation?
Yes, amortization is included in the cost-to-income calculation. This measure assesses a company's operational efficiency by comparing its operating costs, which include amortization expenses, to its income. By incorporating amortization, the calculation provides a more accurate representation of the company's financial performance and resource utilization.
Do you include income taxes payable for calculating working capital calculation?
No
What isDifferent between applied foh and actual foh?
The applied Foh is the predetermined indirect expense of the material
What advantage does a normal costing system offer?
1.)Income smoothing purpose- Applied FOH rate is an average or normalised rate used in calculation of applied FOH cost.- Use only one surrogate as a FOH cost driver rather than FOH cost are being affected by many one-off and/ or uncontrollable factors2.) More timely factory overhead costs information (Esp. for pricing purpose)- Estimated (applied) FOHs can be made available before actual FOHs are available.3.) Removal of incentive for managers to produce for inventory. If the value of inventories includes FFO (Which is fixed cost), managers can bolster operating profit by producing more units than are sold.-->> Applied overhead cost = variable cost4.) Providing a basis for monitoring evaluating and controlling overhead costs by means of variance analysis.-->> Underapplied FOH = Applied FOH < Actual FOH -->> Unfavourable-->> Overapplied FOH = Applied FOH > Actual FOH -->> Favourable
What does foh server mean?
foh stands for front of the house ..
What is difference between actual foh and applied foh?
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What is the difference between FOH applied and FOH actual?
actual foh is the overhead expenses actually incurred on production while applied foh is budgeted overhead expenses for budgeted production.
How do you pronounce Phonetic?
foh-net-ick.
How do you prononce Snutophobophobia?
It is pronounced as "snoo-toh-foh-boh-FOH-bee-ah."
How is Gephyrophobia pronounced?
i believe its pronounced : ->gef-ra-foh-bee-uh but i keep seeing it in dictionaries as: ->jee-fi-ro-foh-bee-uh
What element is FOH?
FOH stands for Front of House in the entertainment industry, referring to the area of a venue where the audience is located and where they directly interact with performers. It is not an element on the periodic table.
How do your pronouce Chronomentrophobia?
kron-oh-men-tro-foh-bee-uh kron-oh-men-tro-foh-bee-uh
How do you pronounce photovoltaic?
It is pronounced as "photo-vol-take".
How do you pronounce atychiphobia?
[at-i-kuh-foh-bee-uh]
