Everything you need to know about the types of bonds. A bond is security/instrument that acts as an acknowledgement of a loan advanced to the issuer by the investor. Thus, when you invest in a bond, you are effectively giving a loan to the issuer of the bond. In respect of this “loan”, the issuer […]
Types of Bonds
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How to Link Manufacturing Overhead to Cost Units: Formula, Examples and Procedure
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In this article we will discuss about the procedure for linking manufacturing overhead to cost units. How to Link Manufacturing Overhead to Cost Units: Rate Formula, Examples and Procedure. In order to arrive at the total cost of production, overhead is added to the prime cost. The overhead, being common/general cost incurred for number of […]
Treatment of Administration Overheads: With Formula and Examples
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In this article we will discuss about the treatment of overheads: 1. Administration Overhead 2. Selling and Distribution Overhead 3. Research and Development Expenses. Administration Overhead: The administration division of an organisation lays down policies and oversees the implementation of the policies. The main function of this division is planning and organising and control of […]