Answer / ovenkat4

the manufacturing account means all the expenses for to make a
product to take into manufacturing account. it can be taken
only the manufacturing costs for the product.

A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.

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Why did you select accounting as your profession?

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6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

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Why does closing stock does not appear in trial balance?

1 Answers   LCCI,

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discuss seperate determination concept

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What is the abbreviation for the accounting terms debit and credit?

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what is a difference between public and private accounting?

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Different types of Balance sheet

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At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?

0 Answers   TCS,

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What is the meaning of deferred revenue and expenditure, give examples

2 Answers   Bank Of America, Capital IQ,

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Do you know marginal cost?

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How the Entry passed for Loss of Payment

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