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What is overhead costing sheet in sap?

Costing sheets in SAP determine how cost estimates calculate overhead costs.


Define process costing its types features applications?

Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost


Is direct costing the same as variable costing?

Variable costing is called marginal costing while direct costing is separate concept.


Is a hospital a job costing or process costing?

a job costing


What is the and purpose of Job Costing Process Costing?

outline the characteristics and purpose of: Job costing and process costing


What is the job costing and give you the example?

Labour costing. Material costing


Is the marginal costing called direct costing?

Yes marginal costing is also sometimes called direct costing.


If you were a candy manufacturer which costing system should you use full absorption costing or variable costing?

full absorption costing


How does an actual costing system different from a normal costing system?

Well, imagine an actual costing system as painting a landscape exactly as it is in front of you, capturing every detail and color with precision. On the other hand, a normal costing system is like painting a landscape from memory, using average costs and estimates to create a general picture. Both methods have their own beauty and usefulness, depending on the situation. Just remember, there's no mistakes in art, only happy little accidents.


What is the characteristics and purpose of Job Costing and Process costing?

what is the purpose of process costing?


Differences between costing method and costing techniques?

Methods of Costing The cost of products or services is determined using several methods. The use of a given method is dictated by such factors as: the nature of cost units, the production process, the mode of cost accumulation, the duration of work etc. The following are the well established methods of costing a. Job / Batch costing b. Contract costing c. Process costing d. Service costing Techniques of Costing Irrespective of the type of costing method being applied there are various approaches that could be adopted. These are:  Full Absorption costing  Marginal costing  standard costing using  absorption costing  marginal costing


Differences between conventional costing methodology and activity costing?

difference between conventional costing methodology ang activity costing