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Standard Costing- Wastage

 
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Standard Costing- Wastage
Abdur.Rehman
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#2
01-20-2007, 05:35 AM
Standards are set for material by taking into consideration two things i.e. expected level of efficiency in material use and expected increase in the price of material...
As per ur example, if the loss is normal and unavoidable and management is aware of it, then the standard use of material should be adjusted for this normal loss.
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Standard Costing- Wastage - by Heimu - 01-18-2007, 10:14 PM
[No subject] - by Abdur.Rehman - 01-20-2007, 05:35 AM
[No subject] - by kamranACA - 08-22-2007, 04:33 AM

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