Determination of the standard cost of raw materials for the activity of extracting crude oil and gas by application in the North Oil Company

Authors

  • جليلة عيدان حليل

DOI:

https://doi.org/10.33095/jeas.v18i65.1119

Keywords:

الكلفة المعيارية, standard cost

Abstract

There are many problems facing the economic entities  as a result of its mass production &variation of its products  , the matter which had  increased the need & importance of cost accounting which is regarded a main tool for the managerial control.

The actual costing system is unable to meet the contemporary management needs ,so the Standard costing system appear to provide the management  with required information to perform its functions by the best use& way.

This research aims to determine  the standard cost for the  direct material for oil extraction activity by applying it in the north oil company.

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Published

2012-03-01

Issue

Section

Accounting Researches

How to Cite

“Determination of the standard cost of raw materials for the activity of extracting crude oil and gas by application in the North Oil Company” (2012) Journal of Economics and Administrative Sciences, 18(65), p. 349. doi:10.33095/jeas.v18i65.1119.

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