Margaret Saunders

Question 8 1 answer

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Cost Behaviour Revision

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Answer Q8 9

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Introduction to material valuation

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FIFO, LIFO, AVCO

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Materials and Control limits

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Flexible budgets

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Preparing several functional budgets

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Creation of the production budget

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cash budgets

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Work in Progress

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multiple process

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Single process costing

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Process Costing Physical Flow

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regression and correlation

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Index Numbers

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moving averages

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Absorption and marginal compared

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Marginal costing statements

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Absorption costing statement

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Specific order costing

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Mark up and Margin

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under and over absorption

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blanket rates

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Labour turnover

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Labour2

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Flexible budgets

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regression and correlation

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Index Numbers

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moving averages

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