This class was created by Brainscape user Yassar Hayat. Visit their profile to learn more about the creator.
By:
Yassar Hayat
- decks
- flashcards
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Decks in this class (20)
Quality Cost
What is quality cost,
Components of quality cost
2
cards
ABC
Fixed cost abc vs traditional,
Break even point abc vs conventional
2
cards
Pricing
Total sales revenue vs addition t...,
Rate of return pricing,
Pricing model
20
cards
Margin Costing
Absorption costing p l,
Income statement under margin cos...,
Margin vs absorption example
24
cards
Decision Making-A (Cost Concepts & their Application)
What is relevant cost,
Book value of equipments,
Opportunity cost what is it when
18
cards
Process Costing
What is process costing,
Where is process,
What is normal loss
8
cards
Decision Making-B (Incremental/Differential cost technique)
Areas,
Incremental differential analysis,
Further processing or not
11
cards
Decision Making-C (Shutdown & Divestment)
Shutdown analysis,
Shutdown point calculation,
Other points in shutdown
8
cards
Decision Making-D (Approaches Analysis)
Compare three aproaches of decsio...,
Decision making logics explained
2
cards
Decision Making-E (Machine Replacement)
Machine replacement ex 1
1
cards
Decision Making-F (Marginal costing-CVP)
Statement of income statement,
Formula variations
2
cards
Decision Making-G (Pricing decision under special circumstances)
In periods of recession,
Differential selling price
2
cards
Decision Making-H (Acceptance of offer and sub. of tender)
When surplus capacity,
Submission of tender,
Price setting
4
cards
Decision Making-I (Make or Buy)
What two factors to be considered...,
Make or buy ex 1,
Minimum sales required for inhous...
6
cards
Decision Making-J (Export or Local)
Considerations,
Export vs localex 1
2
cards
Decision Making-K (Expand or Contract)
Factors to consider,
Contract ex 1,
Expand ex 1
3
cards
Decision Making-L (Product Mix)
Factors to be considered,
Product mix ex1,
Product mix ex2with limiting factor
6
cards
Decision Making-M (Price Mix)
Factors,
Price mix ex 1
2
cards
Notes
Decision making
1
cards
Test N9
Test n9
0
cards
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MAC
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