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Ordering cost, Setup cost, Holding cost and Stockout cost
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Which accounting term best describes assumption made in applying the four inventory methods?
Cost Flow Assumption
Briefly explain what is classification of cost?
Classification of cost is where expenses are divided into categories that include variable costs, fixed costs, material costs. These costs relate to business activities.
Does Activity Based Costing produce an accurate costing picture?
Hi Activity Based Costing could be seen as the 'Cause-and-Effect' realtionship in the costs. If we extend this logic then we can segregate all the costs in four sections. a) Product Costs b) Customer Costs c) Business Sustaining Costs d) Cost available to use In this sense the Activity Basedd Costing gives an accurate costing picture.
What is balance sheet approach?
After setting the total pay the organization divides the amount into four components of the total pay package such as base salary, tax equalization allowance, benefits, allowances, . The balance sheet approach adjusts the manager's compensation so that it gives the manager the same standard of living as in the home country plus extra pay for the inconvenience of locating overseas.There are four categories of outlays incurred by expatriates that are incorporated in the balance sheet approach.a. Goods and services; Home country outlays for items such as food, personal care, clothing, household furnishings, recreation, transportation and medical care.b. Housing; The major cost associated with the housing is the host country.c. Income taxes; Parent and host country income taxes.d. Reserve; Contributions to savings, payments for benefits, pension, contribution, investments, education expenses, social security taxes etc.When costs associated with the host country assignment exceed equivalent costs in the parent country these costs are met by both the firm and the expatriate to ensure that parent country equivalent purchasing power is achieved.
What are 5 basic bookkeeping principles?
There are only four. 1. Materiality: only key and material issues are recorded distinctly 2. Matching: costs are matched against the revenues which are earned by the costs and in the same period in determining performance 3. Substance Over Form: a tricky principle to explain but I will try here in lay terms: linked somehow to materiality principle and tend to report substance over form 4. Double Entry: Every credit must have a corresponding debit entry to complete a transaction record
What are the basic controllable variables of a product planning problem What are the four major costs?
Controllable Variables are: utilization, work force level, production resource employment, and production lot size/sequencing of production runs. The major costs include: equipment installment, production & setup and inventory holding/processing.
True or false the four noble truths is associated with Hinduism?
False. The four noble truths are associated with Buddhism as stated in the dharma.
How do you put on armor minecraft?
Press E to bring up your inventory screen, your character has four armour slots, drag armour items from your inventory into the slots.
What four colors are associated with different seasons of the church?
Violet,Red,Blackand rose are the four colours associated with different sources of the church
What are four safety issues that are part of a health inventory?
All safety issues should be a part of a health inventory. The inventory should look into:Safety equipmentApproved tools/heavy equipmentPersonal safety equipmentPersonnel health and safety training
What are the 4 F's and which part of the brain they are associated with?
The "four F's" are a mnemonic device for recall of the four behaviors associated with the hypothalamus - fighting, fleeing, feeding & fornicating.
What religion are the four noble truths associated with?
buddhism
What is PART used for on the inventory listing?
Partition - This can be used to specify the office symbol of the user, office name, etc., to help identify the location of items on their inventory. Limited to four characters.
How do you unpack the items in the family inventory outside in Sims 3?
In buy mode, next to the main selection/buying, there are four optons: Sort by room, sort by function, Family inventory, and collections. Click on family inventory and drag the objects out onto your lot.
A box of cinnamon toast crunch costs?
about four bucks
What does it mean when someone says it costs four figures?
A four figure number is a number with four digits; that is to say, it is between 1000 and 9999.
If it costs 15 cents for one donut how much does it cost for four?
For four what? Doughnuts? It depends if there's a sale...
