COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
A document which contains information about the materials of specific product, in specific department comes under:
|
|
Selling method
|
|
|
Costing method
|
|
|
Material acquisition method
|
|
|
None of the above
|
Explanation:
Detailed explanation-1: -A bill of materials (BOM) is a centralized source of information containing a list of items used to manufacture a product and the instructions on how to do so. Often shown in a hierarchical way, a bill of materials (BOM) lists the finished product at the top, down to individual components and materials.
Detailed explanation-2: -SKUs (Stock Keeping Unit) – an alphanumeric barcode that’s unique for each retailer. This code contains information about the product itself, its manufacturer, and price, and can help trace the movement of inventory.
There is 1 question to complete.