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This is part 2 of the topic “General and Factory Ledger”. To see part1 click here. If you face difficulty in reading the following notes, click on it for larger picture. You can download this Tutorial by right clicking on the picture and save target as Continue reading “General Ledger Factory Ledger Part 2” → This is the second part of the topic. To see First part, click here.You can download this Tutorial by right clicking on the picture and save target as Continue reading “Functional Budgets Part 2” → What is budgeting? What is Economic Order Quantity? 1) Ordering Cost : All cost which are incurred during the ordering of stock, like phone calls, transportation cost etc 2) Holding Cost : Storage costs, like rent of the building etc. Continue reading “Economic Order Quantity” → What is the Difference in Defective Goods and Spoiled Goods? There is a fundamental difference between the two. A defective good is a good in which there is a manufacturing fault or defect, but this fault can be removed by applying additional cost called rectification cost. Whereas in case of Spoiled goods, the goods have been spoiled or destroyed, and can not be repaired. So it will be sold as a scrape Continue reading “Defective And Spoiled Goods” → Decision Making is the favorite topic of the examiners, and tested quite frequently. Continue reading “Decision Making Chart” → How to Make a Decision? You can download this Tutorial by right clicking on the picture and save target as Continue reading “Decision Criteria” → This is part 2 of the topic CVP analysis. If you want to see part1 click here. You can download this Tutorial by right clicking on the picture and save target as Continue reading “Cost Volume Profit Analysis Part 2” → |
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