cost accounting Archives - Page 4 of 4 - Free ZIMSEC & Cambridge Revision Notes

Absorption of Overheads: One Product Worked Example
Gallery
Absorption of Overheads: One Product Worked Example

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Absorption of Overheads: One Product Worked Example

By garikaib|2025-02-12T09:23:35+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Absorption of Overheads: One Product Worked Example

We have already looks at the theory of overhead absorption here
We have also looked at the theory of how to calculate overhead absorption rates (OARs) and why
Now we will look at a scenario where a […]

Comments Off

Inventory valuation methods: FIFO
Gallery
Inventory valuation methods: FIFO

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Inventory valuation methods: FIFO

By garikaib|2025-02-12T09:27:24+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Inventory valuation: Inventory valuation methods: First In First Out (FIFO)

As already pointed out in the introduction to inventory valuation methods
There are several valuation methods that can be used to determine the cost value of inventory
FIFO- First in First Out is one of […]

Comments Off

Absorption of Overheads: More than one product one department worked example
Gallery
Absorption of Overheads: More than one product one department worked example

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Absorption of Overheads: More than one product one department worked example

By garikaib|2025-02-12T09:25:51+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Absorption of Overheads: More than one product one department worked example

We have already looks at the theory of overhead absorption here
We have also looked at allocation and apportionment here
We have also looked at the theory of how to calculate overhead […]

Comments Off

Inventory valuation methods: FIFO: Example Question
Gallery
Inventory valuation methods: FIFO: Example Question

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Inventory valuation methods: FIFO: Example Question

By garikaib|2025-02-12T09:29:51+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Inventory valuation: Inventory valuation methods: First In First Out (FIFO): Example Question

We have looked at the FIFO method of valuing inventory here
Now it is time to look at an exam type of question
The solution to this question can be found here

Mary […]

Comments Off

Absorption of Overheads: Overhead Analysis Sheet Example
Gallery
Absorption of Overheads: Overhead Analysis Sheet Example

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Absorption of Overheads: Overhead Analysis Sheet Example

By garikaib|2025-02-12T09:32:13+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Absorption of Overheads: Overhead Analysis Sheet Example

In this example we will look at how you can use an overhead analysis sheet to allocate and apportion overhead costs
It is important to note that while the format shown below is the most popular
It is entirely […]

Comments Off

Inventory valuation methods: FIFO: Solution to Example Question
Gallery
Inventory valuation methods: FIFO: Solution to Example Question

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Inventory valuation methods: FIFO: Solution to Example Question

By garikaib|2025-02-12T09:30:33+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Inventory valuation: Inventory valuation methods: First In First Out (FIFO): Example Question

If you are viewing this post on a small screen/mobile device please view it in Landscape Mode otherwise it will be distorted.

This is a solution to the question found here
To learn […]

Comments Off

Absorption of Overheads: Reapportionment of service costs with no interwork
Gallery
Absorption of Overheads: Reapportionment of service costs with no interwork

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Absorption of Overheads: Reapportionment of service costs with no interwork

By garikaib|2025-02-12T09:35:44+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Reapportionment of service costs no interwork

In the the example found here we looked at how to allocate and apportion overheads using bases and an overhead analysis sheet
We have already looks at the theory of overhead absorption here
We have also looked at

Comments Off

Inventory valuation methods: LIFO
Gallery
Inventory valuation methods: LIFO

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Inventory valuation methods: LIFO

By garikaib|2025-02-12T09:36:43+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Inventory valuation: Inventory valuation methods: Last In First Out (LIFO)

As already pointed out in the introduction to inventory valuation methods
There are several valuation methods that can be used to determine the cost value of inventory
LIFO- Last in First Out is one of […]

Comments Off

Absorption of Overheads: Reapportionment of service costs where there is interwork
Gallery
Absorption of Overheads: Reapportionment of service costs where there is interwork

Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting

Absorption of Overheads: Reapportionment of service costs where there is interwork

By garikaib|2025-02-12T09:37:42+02:00February 12th, 2025|Cambridge AS A Level Accounting, Notes, ZIMSEC A Level Accounting|

Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Reapportionment of service costs where there is interwork

We have already looked at the need for reapportioning the portion of overheads that would have been allocated and apportioned to service cost centres
We also looked a simple example where there was no inter work among departments […]

Comments Off

February 2025

Mary […]