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the disadvantages of cost classification
Classification of costs
The importance of cost classification to a business should not be underestimated. Cost classification is important because it makes it easier to gather the methods used for accumulating cost data. It also maintains effective supervision in a company.
Classification of cost is where expenses are divided into categories that include variable costs, fixed costs, material costs. These costs relate to business activities.
what are the various classification of cost accounting?
the disadvantages of cost classification
the disadvantages of cost classification
Classification of costs
The importance of cost classification to a business should not be underestimated. Cost classification is important because it makes it easier to gather the methods used for accumulating cost data. It also maintains effective supervision in a company.
Identify the class IV cavity classification
what are the various classification of cost accounting?
Classification of cost is where expenses are divided into categories that include variable costs, fixed costs, material costs. These costs relate to business activities.
your nan
fixed and variable
what are the various classification of cost accounting?
Cost classification by nature refers to categorizing costs based on the type of resources consumed, such as labor, raw materials, or utilities. This classification helps businesses understand the composition of their expenses and make informed decisions on cost management and resource allocation.
It is a variable cost!!