What is meant by EOQ?
How to calculate Break Even Analysis (BEP)?
Latest Answer: Contribution=Sale Price-Variable Cost Break Even Quantity= Fixed Cost/Contribution ...
Is cost accounting subset of management or is management account subset of cost accounting? Why?
Illustrate the role of cost accounting in a company
What is margin of safety (MOS)?
Latest Answer: Margin of Safety refers the excess of actual sales over the Break even sales. This is usually indicated in percentage. Formula for MOS is (Actal Sales-Break even sales)*100/Break even sales ...
how calculate vat? computation of vat? procedure of vat in return filling? tentative date of vat return filling? also TDS. which form required?
Latest Answer: How to caluclate VAT?Basic price of selling product (Landed cost of purchased goods + Manufacturing cost & other costs + Margin = Basic price)Add: Excise duty (if applicable & rate of duty will differ for each & every commodity))Add both these ...
What is cost control? what are the duties of a cost controller?
How machine hour rate is calculated?
Latest Answer: total cost of machine / total machine hours ...
The term Gross and Net are often heard in business.please give examples where these terms are used ?
Latest Answer: Gross amount is before deducting taxes and duties net amount is after deducting taxes and duties...In terms of expenses, net profit = gross profit -(minus) indirect expenses. ...
Latest Answer: There are two types of freight charges one is Inward and the other one is Outward.Inward is grouped under Direct expenses and it may be taken into landed cost. Outward is grouped under Indirect expense and it will be incurred after production. ...
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