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REMUNERATION/WAGES COST

Distinction between Direct and Indirect Employee Cost

PRICING OF RAW MATERIAL ISSUES

INVENTORY LEVELS

ECONOMIC ORDER QUANTITY

Explain the Meaning of Terms. 1. Cost allocation , Cost absorption & cost apportionment 2. Differential Cost, 3. Imputed cost, 4. Capitalized cost, 5. Product cost & period cost

Explain the cost objective?