Basic Principles of Cost and Management AccountingThis textbook focuses on providing students with the theoretical background required to master the subject systematically and the necessary practical information, examples, exercises and case studies to enable them to translate their theoretical knowledge into practical application. |
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Actual overheads administration allocation amount Answer Applied overheads apportioned average balance basis bonus budgeted overheads building Calculate Cleaning Closing completed consumption contributions control account cost of sales costs per unit deductions Depreciation Dept determine direct labour costs Direct labour hours Direct material costs employees entries EXAMPLE expenses factory overheads Figure finished Fixed costs following information incurred indirect Insurance issued July lead ledger Machine hours maintenance manufacturing overheads March material control maximum method month normal wage rate overhead costs overhead variance overheads control overheads rate overtime paid pension period plant production departments profit purchased quantity raw materials recorded rent Required Returns salaries scheme selling service departments sold splitting schedule stock level Sunday supplier Table total cost unit cost variable costs wage statement week Wetsuits workers