Costing

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

Cost sheet formula includes prime cost, works cost, cost of production, cost of goods sold, cost of sales, etc. [wp_ad_camp_1]

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