What is EOQ

EOQ (Economic Order Quantity) :– EOQ is that quantity of ordering materials for which the organiza…

What is Flotation Cost

Flotation cost is the total cost of issuing and selling a security. It reduces the net proceeds fro…

What is Breakeven Point

Breakeven Point: - Breakeven point is a situation where a company neither making any profit nor ma…

What is Prime Cost

Prime Cost :- When direct material is added with direct labor cost it is called prime cost.

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