The direct expense is the cost that is straight or positively regarded the manufacturing of the product
It consists of direct product cost, straight labor cost.
You are watching: In process cost accounting, the costs of direct materials and direct labor are charged directly to
The direct cost i.e straight material cost and also the straight labor cost are directly charged to the handling department due to the fact that on this department, there are a number of processes with which it deserve to make a perfect product
Moreover, the expense is not identifiable and also the manufacturing of items is engaged in the exact same nature.
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10 months ago
Consider the complying with production and cost data for 2 products, L and also C: Product together Product C donation margin every unit $24
Largest feasible total contribution margin = $127,800
Whenever a company is faced with a limiting variable i.e a source in short supply, the firm should point out the resource to the product with he highest possible contribution every unit of the fear resource
The greatest contribution native the 4,200 maker hours could be identified as follows:
Step 1 : contribution per hour
Contribution per an equipment hour = donation per unit/ machine hour
Product l Product C
Contribution 24 18
Machine hour 3 2
Contribution every hour 8/ hr 9/hr
Ranking second 1st
Product C would certainly be produced using the entire device hours. Act so would generate the highest contribution possible.
Contribution = contribution per hour × machine hours
= 9 × 14,200 = $127,800
Largest feasible total donation margin = $127,800
7 months ago
Which that the following is the most likely instance of a production industry
paper industry, chemistry industry, pharmaceutical industry, fashion industry, digital industry
5 month ago
Read 2 an ext princetoneclub.orgs
International Finance Problem set on Working capital Management1. Rossignol Co. Manufactures and sells skis and snowboards in Fr
Consider the adhering to explanation
Please note that if cash demands are combined, typical requirement of an unified entity can be just summed up, however same is no true for typical deviation as it is not additive.
So very first we should calculate the variance by taking square that SD, then we amount it for every the ar to acquire variance of merged entity and then us take square root again to gain the SD of merged entity.
Keep in mind that we have the right to take a simple summation that variance because of the reality that requirement in various locations space independent of every other and their correlation coefficient is = 0.
Solution is given through following image paper -
8 months ago
On January 2, Jasmine’s Beauty provides Inc. Issued check 3100 for $300 to develop a petty cash fund. ~ above January 31, examine 315
See the attached because that the princetoneclub.org and also further explanation.
Petty cash money is a fund set side to small and unimportant costs to mitigate costs and inconvenience of having actually to record and also write examine for them all the time.
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Note: See the attached because that the princetoneclub.org and further explanation.
1 year ago
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