Full costing information is perceived by some critics as not very useful, because it can be backward-looking: example- it includes information irrelevant to decision making, but excludes some relevant information.
Variable costing is called marginal costing while direct costing is separate concept.
outline the characteristics and purpose of: Job costing and process costing
Labour costing. Material costing
what is the purpose of process costing?
PRICE Protection, Rest, Ice, Compression, Elevation PRICE Parametric Review of Information for Costing and Evaluation PRICE Program Review of Information for Costing & Evaluation
Full costing information is perceived by some critics as not very useful, because it can be backward-looking: example- it includes information irrelevant to decision making, but excludes some relevant information.
The three classifications of sources of information are primary sources, secondary sources, and tertiary sources. Primary sources offer firsthand accounts or original data, secondary sources analyze and interpret primary sources, and tertiary sources provide summaries and overviews of information from primary and secondary sources.
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Primary sources of information are great because they are first hand information from someone who was there. Secondary sources are based on primary sources, and may be biased.
other sources of information from online services
multiple sources
how can information from sources be skewed to validate an argument
Variable costing is called marginal costing while direct costing is separate concept.
a job costing
outline the characteristics and purpose of: Job costing and process costing
Labour costing. Material costing