Inventory cost often is the primary concern when dealing with inventories. Companies not only want efficient inventory cost management, but also need appropriate financial reporting on inventory cost.

This is a preview. Log in through your library . Journal Information The Accounting Historians Journal is here available in digital full-text thanks to the kind permission of the Academy of Accounting ...

Linear programming and optimal product mix decisions directed toward maximizing accounting income typically have assumed the use of direct costing. However in this article a linear programming model ...

Direct costs -- such as labor and parts -- are those linked to the provision of services or the manufacturing of goods. Look for these costs in the "cost of goods sold" section of a statement of ...