Villi Manufacturing Corporation's most recent sales budget indicates the following expected sales (in units): July August September 275,000 275,000 310,000 Expected unit sales................230,000 230,000 Villi wants to maintain a finished goods inventory of 20% of the next month's expected sales. How many units should Villi plan on producing for the month of August?

Q: ne the just tion syster

A: Given: To explain the just in time production system as,

Q: Define cost behaviour.

A: High-Low Method: The high-low method is the method by which the variable component and the fixed…

Q: Define product cost with an example?

A: Cost: Cost refers to the expenses incurred by the business to earn revenue from sales, in other…

Q: 9. Selling and administrative costs are direct costs. O inventoriable costs. O period costs.…

A: Ans. The cost incurred by a business entity is broadly divided into two categories as : i. Direct…

Q: List 5 advantages of cost principle.

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Q: Assign costs to unitsusing the FIFO method.

A: FIFO Method:   It is a method of inventory costing where the inventory purchased first is the first…

Q: plain 4 objectives of cost accou

A: Cost accounting refers to type of accounting which computes the sum total of expenses involved in…

Q: . What are the three principle objectives of cost accounting system?

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Q: xplain How Each Stage Of Logisti ected By The Microchip Shortage

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Q: 3. Why there is a need to identify the standard cost?

A: Standard cost is the estimated cost of a certain process, resource or any item.

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Q: 2)Sheridan Company has $21000 of ending finished goods inventory as of December 31, 2013. If…

A: Financial statements are statements which states the business activities performed by the company .…

Q: Define cost drivers.

A:

Q: In Cost accounting the main emphasis is on ?

A: Cost accounting is the classification, documentation, and appropriate distribution of expenditure…

Q: Explain unit sales.

A: Sales: Sales means the goods and services sold by one company to their customers for a period.

Q: 5. Provide three reasons for allocating joint costs individual products or services.

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Q: Define the term total costs.

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Q: 5. Define the backflush costing

A: Solution:- Back flush costing means as follows under:-

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Q: cost

A: A standard fee accounting gadget works with the aid of using monitoring uncooked substances as they…

Q: 2. Distinguish between direct and indirect costs.

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Q: What is cost accounting?

A: What is cost accounting?

Q: These are costs that vary in unit. a• Variable Cost b• Fixed Cost c• Mixed Cost d• Relevant Cost

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A: ABC system means activity-based costing.

Q: What are three common features of cost accounting

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