Material Control and Costing Methods

W. Armand Layne
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W. Armand Layne: University of the West Indies

Chapter Chapter 2 in Cost Accounting, 1984, pp 10-20 from Palgrave Macmillan

Abstract: Abstract Costing methods are the ways by which certain managerial calculations are likely to be employed in the firm concerning material issues to the production process. That aspect is examined in 2.3 below. It is important, however, to show first how the raw materials used in the production process are controlled in the firm. That aspect is now examined.

Keywords: Material Control; Stock Level; Price Vector; Cost Account; Economic Order Quantity (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-17691-5_2

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DOI: 10.1007/978-1-349-17691-5_2

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