# Tag: management accounting

## Activity Based Costing | Meaning | Features | Objectives | Implementation

Meaning of Activity Based Costing (ABC) Activity Based Costing is an accounting methodology used for assigning accurately the extent of resources consumed and overhead costs incurred to produce

## Target Costing | Problems | Role of Cost Accountant under Target Costing

Problems of Target Costing One should be aware of the problems of target costing. If so, the target costing can be properly followed. Some of the target costing

## Differences Between Traditional Method of Costing and Target Costing

Traditional Costing Method vs Target Costing Method Traditional Costing Method Under traditional method of costing the manufacturers use the cost details in such a way that cost plus

## Overall Profitability Ratios | Explanation | Formulae | Significance

Overall Profitability Ratios Profit is used as a yardstick to measure the profitability of any business concern. Generally, an analyst calculates overall profitability ratios before giving any recommendation

## Total Labour Efficiency Variance | Meaning | Causes | Formula

What is Total Labour Efficiency Variance? Total labour efficiency variance is a part of labour cost variance. It is otherwise called as Labour time Variance. Definition of Total

## Market test or Valuation ratio | Explanation | Formula

Market test or Valuation Ratios The followings are the market test or valuation ratios. Dividend Yield Ratio. Dividend Payout Ratio or Payout Ratio. Price Earning Ratio or P/E

## Net Present Value Method | Formula | Steps | Merits | Demerits

Net Present Value Method Net Present Value method is also called Excess Present Value (E.P.V) or Net Gain Method or Investor’s Method. The time value of money is

## Tools or Techniques of Financial Statement Analysis

Tools or Techniques of Financial Statement Analysis Important tools or techniques of financial statement analysis are as follows. Comparative Statement or Comparative Financial and Operating Statements. Common Size