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Advantages and Disadvantages of Marginal Costing
Advantages of Marginal Costing: Ø Cost Control: Practical cost control is greatly facilitated. By avoiding arbitrary allocation of fixed overhead, efforts can be concentrated on maintaining a uniform and...
0 commentsManagerial Accouting - Activity Analysis, Cost Behavior & Cost Estimation
Profit planning has two main question: (1) how much sales and (ii) what cost? First question can be answered by simply multiplying Quantity with Price. Second question is a bit cumbersome to answer as...
5 commentsProject Management - Managing Risk
Risk means uncertainty or chances of bad consequences. In other words, risk is possibility of loss, injury or destruction. It is always in negative sense. Its opposite is certainty, surety and safety. In...
2 commentsLearn & Earn. [ South Indian Food - Anti Cancer.][Telugu Video on Raagi Dosa.For Diabitics.]
The Veggie Curry. The Vada,( Not the VadaPav Vada ) The Payasa the Sweet that makes your Pants HOT. All you need is the simple well decorated with clean table covers a 700 Sq feet of open Hall with furniture...
1 commentManagerial Accounting - Absorption, Variable & Throughput Costing
Profit is the yard-stick for evaluating performance of any business concern. Since ultimate profit depends upon plan and control, cost accounting plays a vital role. Previously, cost accounting was mostly...
7 commentsManagerial Accounting - Basic Cost Concepts
An accounting system measures costs which are later used for a number of purposes such as: (i) profit determination, (ii) performance evaluation, (iii) inventory valuation and (iv) cost control. It is,...
0 commentsManagerial Accounting - Investment Centers & Transfer Pricing
Zain Packages Ltd has three divisions i.e. Paper, Printing and Packaging Division. The company makes cartons, boxes, packets, bags and wrappers. If the company earns a profit, each of the three divisions...
4 commentsManagerial Accounting - Cost Volume Profit Analysis
Managers constantly monitor existing operations of their organizations to find out if they would achieve the desired levels of profit. For this purpose, a number of tools are available. One such tool is...
8 commentsRestaurant Marketing. 5 Low Cost Ways to Make More Money in Your Restaurant. Menu Optimization, Guest Check Average...
5 easy ways to increase your restaurant profits. Low cost or no cost restaurant marketing ideas!
1 commentHow to make a project evaluation
Before open a bussiness, you have better to evaluate the project. It could reduce your risk or loosing money in running a business.The project evaluation could determine whether we start the project or leave...
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