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Recovery under standard costing

Under standard costing, what do you mean by recovery? How is it built into the product? Can anyone please elaborate? I understand consumption of products which are direct materials ...

• Deepti
• 868 Views
• 0 Answers

can i use Down time concept to calculate cost of Rework

Hai sir someone help me to calculate Rework cost, Revenue=Sales x Quantity sold. In sales, itself Expenses are available so why they are adding Operating Expenses to revenue oppo ...

• Ranjith
• 446 Views
• 0 Answers

Role of cost according in real life

What is the role,importance,features,objectives,functions and limitations of cost accounting in practical life ?

• Shikha
• 885 Views
• 0 Answers

Process Costing Query regarding Abnormal Loss Treatment

Aoa. Plz solve this question asap. Delight Food Products produces Squash Cubes by continuous processing in three departments i.e. A, B and C. During November 2017 Department B ...

• Syed
• 1466 Views
• 0 Answers

Name of golden rules of cost according

What are the golden rule of cost according which help in its preparation?

• Shikha
• 1794 Views
• 1 Answers

Describe the Role of Cost Accounting in Capital Investment Decision.

I need answer of this question. Please anybody help me and send answer.

• Navinkumar
• 959 Views
• 3 Answers

Is there any concept of abc costing in material cost?

Explain if any.(Abc means activity bases costing) ..................................................................................

• Sonam
• 810 Views
• 3 Answers