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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 579 |
Essay's paper body
Entitled on leaves/vacation every employee.
Opportunities
? Landau company has the option to adopt better costing system to improve their cost control.
Threats
? Variable Costing is limited for internal reporting only.
Conclusion and Recommendation
We therefore conclude that Variable costing is a suitable Costing system to be applied in Landau Company's Income Statement...
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Since Landau Company is a manufacturing company, we recommend using an accounting system that is based on periodic inventories which is the Variable Costing. It means that in the presentation of the Income Statement, fixed production cost excludes fixed production costs from the unit costs of inventories, and treats all fixed costs as expenses in the period incurred...
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