Edexcel International AS and A level Accounting XAC11/YAC11 · 1.4
Introduction to costing
- Code
- 1.4
- In
- 1 The Accounting System and Costing
- Course
- International AS and A level Accounting XAC11/YAC11
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points under 1.4
- 1.4.1 LIFO, FIFO and net realisable value
- 1.4.2 Inventory valuations using FIFO and LIFO on a perpetual and periodic basis
- 1.4.3 Effect of inventory valuation methods on profit
- 1.4.4 Labour productivity
- 1.4.5 Methods of remuneration, day work, piecework, individual and group bonus schemes
- 1.4.6 Employer cost and employee earnings under different remuneration methods
- 1.4.7 The characteristics of overhead expenses, fixed, semi-fixed, semi-variable and variable
- 1.4.8 Allocation, apportionment and absorption of overheads
- 1.4.9 Apportionment and continuous allotment of service departments
- 1.4.10 Machine hour and labour hour rates per hour
- 1.4.11 Over absorption and under absorption of overheads
- 1.4.12 Characteristics of job costing
- 1.4.13 Job costing of batch production and customer orders