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Role of cost accountant in a manufacturing company?
Kindly furnish me with the roles of a cost accountant in any manufacturing company
Role of a Cost Accountant in Manufacturing Industry?
Cost accountant determines the per unit cost of product and guides the management of manufacturing firm about the cost of the product and helps them to set the prices of product according to cost of product rather arbitrary pricing also helps the managment to achieve their target profit effeciently and also guides the governament about the pricing of products so that governaments can maintain prices of products which is in most benifit of the people as a whole.
What is the job description of a cost accountant?
A cost accountant plays a big role in the accounting process of a business. Some of the job duties include data collection, inventory, analysis, and other basic accounting procedures.
What is the difference between a cost accountant and staff accountant?
Question is in Factory or establishment if a person is working as a cost accountant then what is his status. Whether he is a workman or employee. Difference between an employee and workman is that they are differently treated. A workman is governed by Industrial law whereas the other class are governed by service rules.
Cost accountant duties?
A cost accountant is responsible for assigning cost to products. They have to be accurate because managers will make decisions based on this information.
Role of cost accountant in a manufacturing company?
Kindly furnish me with the roles of a cost accountant in any manufacturing company
Role of a Cost Accountant in Manufacturing Industry?
Cost accountant determines the per unit cost of product and guides the management of manufacturing firm about the cost of the product and helps them to set the prices of product according to cost of product rather arbitrary pricing also helps the managment to achieve their target profit effeciently and also guides the governament about the pricing of products so that governaments can maintain prices of products which is in most benifit of the people as a whole.
What is the job description of a cost accountant?
A cost accountant plays a big role in the accounting process of a business. Some of the job duties include data collection, inventory, analysis, and other basic accounting procedures.
What is the difference between a cost accountant and staff accountant?
Question is in Factory or establishment if a person is working as a cost accountant then what is his status. Whether he is a workman or employee. Difference between an employee and workman is that they are differently treated. A workman is governed by Industrial law whereas the other class are governed by service rules.
Is the cost accountant under the general accountant?
Cost accountant is part of Management Accounting. General Accountants are are mostly relevant to Financial Accounting
What are the role of cost accountant in profit stabilization?
Managing and maintaining a proper costing strategy that will eliminate/ reduce additional cost/overheads that will have a direct effect on the productions.
Explain the role of cost accounting in large scale industry?
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What is the prime cost in service industry?
In services industries there is no raw material so only direct labor is part of prime cost in services industry.
Cost accountant duties?
A cost accountant is responsible for assigning cost to products. They have to be accurate because managers will make decisions based on this information.
Role of cost accountant in manufacturing organization?
cost accounting plays very important role in manufacturing organisation.unless cost accounting system one can't get the cost of the product appropriately.Many organisations fix their selling price based on the cost information.Not only in ascertaining cost of the product it can be used as measurement for their performance
What is the difference between cost accountant and financial accountant?
DISTNGUISH between finance, management accountant and financial accounting
Role of the cost and management accounting?
Role of cost and management accountant is to determine the cost of production and per unit cost of product as well as help management in daily business activities and provide cost information about all business activities and help in decision making process as well as capital budgeting and decisions.
