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Cost Accounting Management- DETAILED PROJECT REPORTS and allied services to the existing as well perspective entrepreneurs covering diverse industry sectors like Marketing , HRM

DETAILED PROJECT REPORTS and allied services  Cost Accounting Management   Questions: CASE STUDY  1  Materials X and Y are used as follows : Minimum usage — 50 units each per week Minimum usage — 150 units each per week Normal usage — 100 units each per week Ordering quantities x = 600 units,Y = 1000…
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Cost and Management Accounting 1- You are required to prepare a statement of cost, to work out profit as per cost accounts, and to reconcile the same with that shown in the financial

You are required to prepare a statement of cost  Cost and  Management Accounting 1   Questions: Q1. X is the manufacture of Mumbai purchased three chemicals A, B and C from U.P.The bill gave the following information: Chemical A:                          6000 kgs @ Rs. 4.20 per kg                                      Rs     25,200 Chemical B:                          10000 kgs @ Rs.…
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Cost And Management Accounting- Management accounting is a mid-way between financial and cost accounting.” Elucidate. Q2. What is the major revenue recognition criterion? Q3. What

Management accounting is a mid-way Cost And Management Accounting   Questions: Q1. “Management accounting is a mid-way between financial and cost accounting.” Elucidate. Q2. What is the major revenue recognition criterion? Q3. What is a trading account? What are its major constituents? What is its major outcome? Q4. The cash flow statement is as useful…
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Cost Management Accounting- Suppose that a plant expansion will add Rs 50,000 to fixed costs and increase capacity by 60 per cent. How many bottles would have to be sold after

Suppose that a plant expansion  Cost Management Accounting   Questions: CASE STUDY  1 Q1. J P Ltd manufacturers of a special product, follows the policy of EOQ for one of its components. The components’ details are as follows. Purchase price per component, Rs 200 Cost of an order Rs 100 Annual cost of carrying one…
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KSBM – Cost Accounting Management – Why is operating costing called service costing ?-Discuss the accounting treatment of the spoilage and defectives in cost accounts.

Why is operating costing called  Cost Accounting Management Questions: Q1. Mention major items of expenses or income, which will appear in financial accounts, but will not normally appear in cost accounts. Q2. What is standard costing and how would you distinguish it from budgetary control Q3. If a company sells more units than it produces,…
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