Question

what is cost accounting in a full details and how slove numerical​

Answer 1

Explanation:

Cost accounting formulas are as follows:-

• Net sales percentage. Divide net sales by gross sales.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales. Breakeven point. Divide total fixed expenses by the contribution margin.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales. Breakeven point. Divide total fixed expenses by the contribution margin. Net profit percentage.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales. Breakeven point. Divide total fixed expenses by the contribution margin. Net profit percentage. Selling price variance.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales. Breakeven point. Divide total fixed expenses by the contribution margin. Net profit percentage. Selling price variance. Purchase price variance.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales. Breakeven point. Divide total fixed expenses by the contribution margin. Net profit percentage. Selling price variance. Purchase price variance. Material yield variance.
• Net sales percentage. Divide net sales by gross sales. Gross margin. Subtract the cost of goods and services from net sales. Breakeven point. Divide total fixed expenses by the contribution margin. Net profit percentage. Selling price variance. Purchase price variance. Material yield variance. Labor rate variance.