Key to Basic Financial Accounting D.Com / DBA Part-II by Javed Akhter

• Author Name : Javed Akber
• Language : English
• Cover : Card Back
• No of Pages : 122
• Edition : Latest Edition
• Publication : STANDARD BOOK CENTER

Description

The book explains how manufacturing companies calculate the cost of producing goods. It breaks down all the components that go into production, such as direct materials, direct labor, and factory overheads (like power, depreciation, insurance, and miscellaneous expenses). It shows step-by-step how to adjust for opening and closing inventories of raw materials, work in process, and finished goods, which helps in determining the cost of goods manufactured and eventually the cost of goods sold.

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