Question
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There are many possible methods for process cost allocation. How do your refineries allocate costs for calculating the production costs of the final products?
Jun-2022
Answers
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tung truong nhu, vietnam petroleum institute, tungtn@vpi.pvn.vn
We have written a transfer price model for all the intermediated products so as steams using in the Binh Son refinery and fertiliser plants in Vietnam. This methodology can be used for accounting purposes as well. In case you are interested, we of Vietnam Petroleum Institute can be of help.
Jun-2022
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