Talk to the school counselor about what services are available. If your children are having anger issues and behavior problems, these things are no doubt affecting their schoolwork, too. The school can help you get the assistance and counseling your family needs.
Distinction Between Standard Costing And Budgetary ControlAlthough budgetary control and standard costing both are based on some common principles; both are pre-determined, comparison will be made with the actual costs and both system need a revision of the standards or the budget, these two systems have certain differences which are as follows: 1. Budgetary control deals with the operation of a department or the business as a whole in terms of revenue and expenditure. Standard costing is a system of costing which makes a comparison between standard costs of each product or service with its actual cost.2. Budgetary control covers as a whole in terms of revenue and expenditures such as purchases, sales, production, finance etc. Standard costing is related to a product and its cost only.3. Budgetary control is applicable to utmost all business organizations. Standard costing is applicable to manufacturing concerns producing standard products and services.4. Budgetary control is concerned with a specific period and is based on the totals of amounts. Standard costing is concerned with the standard costs, which are worked out generally per unit of production.5. Budgetary control is not based on standard costing system. Standard costing cannot exist in the absence of a budgetary control system.Posted Syeda Humaira Fatima
Standard costing is for improving cost /cost control, simplify stock valuation and improving costing and pricing of products. Can be applied to jobs, operations, processes and department and are used in manufacturing, engineering, processing and service industries.
Budgetary Control is projection of financial accounts and std. costing is a projection of cost accounts. Variances are shown in total in thhe former and a detailed analysis of variances is done in the latter. In std. costing, cost data ior each activity is pre-determined based on normal level of operaion.
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Math has a huge part in menu costing, yield breakdowns, and cost control.
Variable costing is called marginal costing while direct costing is separate concept.
Mine is costing $90. They can cost anywhere from $25 to $100, it just depends I think.
a job costing
1) for cost control 2) comparison of cost with other firms 3) for cost reduction
outline the characteristics and purpose of: Job costing and process costing
Labour costing. Material costing
Yes marginal costing is also sometimes called direct costing.