Under what conditions, the income statement prepared under full costing or absorption costing and marginal costing will give similar results.
See Answer →Explain how the variance analysis relating to overheads differ from that relating to material and labour?
See Answer →The following information is supplied to you: Standard time for a month: 4000 Hours Standard wage rate: Rs. 2.25 per hour Number of labourers employed: 30 Average working days in a month: 25 No. of hours a worker works per day: 7 hours Total wage bill in a month: Rs. 13,125 Idle time due to power failure: 100 hours You are required to calculate the following: a) Labour Cost Variance b) Labour Rate Variance c) Labour Efficiency Variance d) Labour Idle Time Variance.
See Answer →A company has decided to introduce a system of standard costing. What are the preliminaries to be considered before developing such a system? Explain.
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Two articles X and Y are manufactured in a department. Their specifications show that 2 X's or 8 Y's can be produced in one hour. The budgeted production for June, 2019 is 200 X's and 400 Y's. The actual production at the end of the month was 250 X's and 480 Y's and the actual hours spent on this production were 160. Find out the capacity, activity and efficiency ratios for June 2019. Also find out the calendar ratio if the actual working days during the month be 27 corresponding to 25 days in the budget.
See Answer →Discuss the objectives and advantages of management accounting.
See Answer →Photo clicitation
See Answer →Cinema Vertie
See Answer →Heteronormativity
See Answer →Hyper text
See Answer →Write a note on Margaret Mead's contribution to visual anthropology.
See Answer →Explain the influence of digital technology in ethnography.
See Answer →Discuss the contribution of the pioneers of ethnographic film.
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State the impact of various emerging technologies such as mobility, cloud, AI and IoT on E-commerce.
See Answer →What are the three broad classifications of an app?
See Answer →Name commonly used e-commerce software for small & midsize companies.
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