Business operations in general. Important objective is To profit from operations and to achieve such a guise that. Executive or business owner needs to know about the different aspects of the administration and management of existing resources and capabilities. Accounting is a executive information management or owners. Utilized in the planning and operational control. Levels in the industry for buying, selling or called. Business for sales Can calculate the cost of goods bought and sold according to the evidence relating to the purchase of those products, such as invoices, invoices, etc. Operation of this type to calculate the cost of goods sold by the number of units sold multiplied. cost by invoice But as a business, product or industry that will detail cost more complicated. Is required to produce and then sell it. By purchasing raw materials transformed into finished goods first. The cost of finished products is calculated by. The production cost of withdrawal (Beginning balance plus materials purchased during the period Less raw material at end of period) combined with direct labor. And expenses incurred in the production.
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