Vuhelper
05-29-2011, 05:49 PM
Starting Date Friday, May 27, 2011
Closing Date Tuesday, May 31, 2011
Status Open
Question/Description
Cement is one of major industries of Pakistan. Pakistan is rich in cement raw material. Currently many cement plants are operating in private sector. Pakistan Cement Industry has huge potential for export of cement to neighboring countries like India, U.A.E, Afghanistan,Iraq and Russian States. There has been a robust growth of cement demand seen both in domestic and exports market during the financial year ended June 30, 2007. The industry achieved an overall growth of 32% with domestic demand of cement increased by 24.95% whereas the exports increased by 111.86%.
Which costing system is employed by this industry; job order costing or process costing?
Give any two reasons to support your decision.
Note:
Your answer should not exceed 10 words
Detailed reasons are not required, be concise
Give your answer in the following format
Costing system: ___________________
Reason:
Closing Date Tuesday, May 31, 2011
Status Open
Question/Description
Cement is one of major industries of Pakistan. Pakistan is rich in cement raw material. Currently many cement plants are operating in private sector. Pakistan Cement Industry has huge potential for export of cement to neighboring countries like India, U.A.E, Afghanistan,Iraq and Russian States. There has been a robust growth of cement demand seen both in domestic and exports market during the financial year ended June 30, 2007. The industry achieved an overall growth of 32% with domestic demand of cement increased by 24.95% whereas the exports increased by 111.86%.
Which costing system is employed by this industry; job order costing or process costing?
Give any two reasons to support your decision.
Note:
Your answer should not exceed 10 words
Detailed reasons are not required, be concise
Give your answer in the following format
Costing system: ___________________
Reason: