1. Name the definitions given below:
CVP Analysis 1. Technique that examines changes in profits in response to changes in
sales volumes, costs, and prices.
Contribution margin ratio % 2. Percent by which the selling price (or revenue) per uni
1. Prepare Journal Entries from the following information relating to Job Costing.
a) The material storeroom receives a shipment of direct and indirect materials that cost $ 12,000.
b) Materials are sent to the stamping and assembly areas. Th
Q1. Explain Cost Accounting?
Cost Accounting examines the cost structure of a business.It is mainly concerned with
accumulation ,Classification ,analysis and Interpretation of cost data for the purpose of
Ascertainment of cost ,operational pl
First we have to calculate the
Support department costs cannot be allocated directly to units produced becauseProducts do not
pass through the support departments.Support departments exist to support manufacturing
activities within the producing departme
MGT 311: Operations Management
ASSIGNMENT # 5
Question 1: What are the steps that could be taken at a bottleneck
resource to increase its capacity?
Question 2: Describe the types of short-range, the medium-range, and
the long-range capacity decisions.
Q1.Identify the major policy setting bodies in the standard-setting process.
1- is the result of the accounting profession
work among the years , in the time the
acco_ science wasnt actually well
practiced due to