Tag Archives | Material Pricing

Treatment of Items in Material Pricing | Cost Accountancy

The treatments are: 1. Pricing of Materials Returned to Supplier 2. Pricing of Materials Returned from Production Department 3. Transfer of Materials from One Job to Another 4. Treatment of Material and Production Losses 5. Scrap 6. Spoilage 7. Defective Work/Rejects. Treatment of Items in Material Pricing: Pricing of Materials Returned to Supplier Pricing of […]

Material Pricing: Objectives, Problems and Adjustments

In this article we will discuss about Material Pricing:- 1. Objectives of Material Pricing 2. Problems of Material Pricing 3. Features 4. Determination. Objectives of Material Pricing: There are two main objectives of material pricing: (a) To charge the cost of materials issued to production on a realistic and consistent basis. (b) To provide a […]

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