Direct Labour Costing Formula
Labour Turnover (i) Separation Rate Method = Number of separations ina period ÷ Average number of workers in the period […]
Labour Turnover (i) Separation Rate Method = Number of separations ina period ÷ Average number of workers in the period […]
Marginal Costing equation, profit volume ratio, Break even point, Margin of safety,cost break even point,finding the selling price, finding the
Standard costing made easy Standard costing is such a simple lesson. But students of CA, CMA and CS are really
Historically, horsepower was the first power unit emerged and widely used around the world. In the middle ages, a horse
Overheads 1. Introduction In Cost Accounting the analysis and collection overheads, their allocation and apportionment to different cost centres and absorption
As the name suggests “Cost audit” is the audit of cost records. It is the verification of the cost of
Cost sheet formula includes prime cost, works cost, cost of production, cost of goods sold, cost of sales, etc. [wp_ad_camp_1]
COST COMPLIANCE-AUDIT S.No. Subject Cost Compliance Cost Audit 1. Applicable Rule The Companies (Cost Accounting Records)Rules,2011. The Companies (Cost Audit
ALLOCATION OF COST: allocation of cost is a process by whichcost items are charged directly to the cost center.
[wp_ad_camp_1] Control Ratios: Activity Ratio = Standard Hours for Actual Production ÷ Budgeted Hours x 100 Capacity Ratio = Actual