Question
(a) Explain the concept of equivalent units as used in process costing (b) Distinguish between absorption costing and marginal costing systems (c) Explain the factors
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(a) Explain the concept of equivalent units as used in process costing
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(b) Distinguish between absorption costing and marginal costing systems
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(c) Explain the factors that should be taken into account in deciding the most suitable method of
remuneration of labour. (7 marks)
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(d) Explain circumstances under which marginal costing techniques are used
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IT Auditing Using Controls To Protect Information Assets
Authors: Chris Davis, Mike Schiller, Kevin Wheeler
3rd Edition
1260453227, 978-1260453225
