The method of costing that is used where there are a variety of component parts separately produced is called .. Posted on:
Indirect materials are such materials used in the course of manufacturing which either cannot be traced as part of the product or which are too small in value to be… conveniently measure. Such exampl is; Posted on:
The best strategy for the purchaser is to balance the four factors to obtain the exact combination needed at the most advantagous cost to his firm. Such factors are ….. Posted on:
The method in which stores balances are record after every receipts and issue materials so that the balance of stock at anytime can be ascertained immediately is called Posted on:
The method used when it is not possible to identify each item separately and when prices of purchases do not fluctuate very much is Posted on:
The kind of production in which it has not yet reached the final stage of completion is known as …. Posted on:
