CBSE Class 12-commerce Answered
“If normal wastage of stationary has increased by 10% whereas the normal wastage in the raw material has increased merely by 2%”.
(a) Which of the above wastage will attract your attention?
(b) Identify the principle governing the wastage in an organization.
Asked by sanjana30yadav | 22 Feb, 2018, 04:28: PM
Expert Answer
(a) The wastage in the raw-material will attract my attention. This is because increase in normal wastage in the raw material by 2% will have an adverse impact on the whole organisation. It will affect the profit and future revenue of the organisation. However, increase in normal wastage of stationary by 10% will not affect the profits of the organisation as it is incurred rarely and it is a low value expenditure.
(b) The principles governing the wastage in an organization is Critical point control and Management by exception.
Answered by Vanita Rana | 22 Feb, 2018, 05:50: PM
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