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Economic Order Quantity / Ordering quantity. July 18, 2015. Economic order quantity is calculated using the following formula:. EOQ= (2U P/ S). Here U=annual consumption of materials in units. P= cost of placing an order. S=annual storage cost of one unit. Setting of Various Stock Levels. July 17, 2015. Storage /warehousing /carrying costs. Economic Order Quantity (EOQ). Quality of raw material. Government and other legal and statutory requirements. Danger or safety stock level. This is the minimum level...

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Economic Order Quantity / Ordering quantity. July 18, 2015. Economic order quantity is calculated using the following formula:. EOQ= (2U P/ S). Here U=annual consumption of materials in units. P= cost of placing an order. S=annual storage cost of one unit. Setting of Various Stock Levels. July 17, 2015. Storage /warehousing /carrying costs. Economic Order Quantity (EOQ). Quality of raw material. Government and other legal and statutory requirements. Danger or safety stock level. This is the minimum level...

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Economic Order Quantity / Ordering quantity. July 18, 2015. Economic order quantity is calculated using the following formula:. EOQ= (2U P/ S). Here U=annual consumption of materials in units. P= cost of placing an order. S=annual storage cost of one unit. Setting of Various Stock Levels. July 17, 2015. Storage /warehousing /carrying costs. Economic Order Quantity (EOQ). Quality of raw material. Government and other legal and statutory requirements. Danger or safety stock level. This is the minimum level...

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Standard Costing – An Introduction | Study Test Time

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Let's Learn Together. Standard Costing – An Introduction. Standard Costing – An Introduction. According to the Chartered Institute of Management Accountants (C.I.M.A), London, ” Standard cost is the predetermined cost based on technical estimates for materials, labour and overheads for a selected period of time for a prescribed set of working conditions.”. Thus standard costing involves following steps:. 1 Setting standard costs for different elements of costs. 2 Recording of actual costs.

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Partnership Basics | Study Test Time

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Let's Learn Together. Profit and loss appropriation account. Basics Of Partnership Accounting. Guarantee of profit to a partner. Interest on drawings – methods. Analysis of financial statements. Basics Of Partnership Accounting. Journal- The Book Of Original Entry. Rules for admission of a new partner. Time Value of Money. Economic Order Quantity / Ordering quantity. Setting of Various Stock Levels.

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Company Accounts | Study Test Time

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Let's Learn Together. Meaning of Share Capital. Issue of Shares for Consideration other than Cash. Unlike a Sole Proprietorship or a Partnership firm, a Company raises its capital by the issue of shares to the public at large. This offer or invitation to the public by the company is called Initial Public Offer (IPO). Shares of a company can be issued either: a) For Cash, and/or b) For Consideration Other than Cash. Analysis of financial statements. Basics Of Partnership Accounting. Time Value of Money.

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Economic Order Quantity / Ordering quantity | Study Test Time

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Let's Learn Together. Economic Order Quantity / Ordering quantity. Economic Order Quantity / Ordering quantity. Economic order quantity is calculated using the following formula:. EOQ= (2U P/ S). Here U=annual consumption of materials in units. P= cost of placing an order. S=annual storage cost of one unit. Setting of Various Stock Levels. ABC (Always Better Control) analysis is an important tool used in material control. As we all. Setting of Various Stock Levels. Analysis of financial statements.

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Rules for admission of a new partner | Study Test Time

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Let's Learn Together. Rules for admission of a new partner. Category: Rules for admission of a new partner. Revaluation of Assets and Liabilities. Basics Of Partnership Accounting. Rules for admission of a new partner. Calculation of New Profit Sharing Ratio. Basics Of Partnership Accounting. Rules for admission of a new partner. Adjustments needed at the time of admission of the new partner. Basics Of Partnership Accounting. Rules for admission of a new partner. Analysis of financial statements.

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Economic Order Quantity / Ordering quantity. July 18, 2015. Economic order quantity is calculated using the following formula:. EOQ= (2U P/ S). Here U=annual consumption of materials in units. P= cost of placing an order. S=annual storage cost of one unit. Setting of Various Stock Levels. July 17, 2015. Storage /warehousing /carrying costs. Economic Order Quantity (EOQ). Quality of raw material. Government and other legal and statutory requirements. Danger or safety stock level. This is the minimum level...

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