## Direct Labour Costing Formula

Labour Turnover (i) Separation Rate Method = Number of separations ina period ÷ Average number of workers in the period […]

Costing## Direct Labour Costing Formula

Labour Turnover (i) Separation Rate Method = Number of separations ina period ÷ Average number of workers in the period […]

Costing## Marginal Costing Formula

Marginal Costing equation, profit volume ratio, Break even point, Margin of safety,cost break even point,finding the selling price, finding the

Costing## Standard Costing – Easy understanding

Standard costing made easy Standard costing is such a simple lesson. But students of CA, CMA and CS are really

Costing## Calculation of Machine’s Electricity Consumption for Costing

Historically, horsepower was the first power unit emerged and widely used around the world. In the middle ages, a horse

Costing## Overheads ~ Cost Accounting Standard

Overheads 1. Introduction In Cost Accounting the analysis and collection overheads, their allocation and apportionment to different cost centres and absorption

Audit, Costing## Cost Audit Importance and Compliance for Companies

As the name suggests “Cost audit” is the audit of cost records. It is the verification of the cost of

Costing## Cost Sheet formula for manufacturer

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

Audit, Costing## Cost Compliance Vs Cost Audit

COST COMPLIANCE-AUDIT S.No. Subject Cost Compliance Cost Audit 1. Applicable Rule The Companies (Cost Accounting Records)Rules,2011. The Companies (Cost Audit

Costing## Allocation and Apportionment of Cost

ALLOCATION OF COST: allocation of cost is a process by whichcost items are charged directly to the cost center.

Costing## Budgetary Control Formula and Standard Costing

[wp_ad_camp_1] Control Ratios: Activity Ratio = Standard Hours for Actual Production ÷ Budgeted Hours x 100 Capacity Ratio = Actual