0
direct prod cost: you know what the real cost will be
indirect costs: still and estimate on how to spread cost but real base of total indirect costs to start from
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Define process costing its types features applications?
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Is the marginal costing called direct costing?
Yes marginal costing is also sometimes called direct costing.
What are advantages and disadvantages of using vouchers?
what are the advantages and disadvantages of voucher in business
Meaning and nature of target costing?
definition of target costing
Advantages and disadvantages of nominal scale?
The advantage of using a nominal scale is that it can help with classification. The disadvantage of using a nominal scale is that it is the most primitive system.
What are the advantages of process costing over job costing?
I have no clue, please help
What is the difference between Actual costing and normal costing?
actual costing uses actual indirect-cost rates normal costing uses budgeted indirect-cost rates
How does an actual costing system different from a normal costing system?
actual is the actual cost, normal is estimating
Define process costing its types features applications?
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
What are the advantages and disadvantages of job costing?
Nothing :)
What are the advantages of batch costing?
I dont knowJohn key
What are the advantages of a hickory chair over a normal one?
There are many advantages and benefits of owning and using a hickory chair over a normal one. One of these advantages is that there is greater comfort available.
Company using absorption costing?
It is old costing technique & it is replaced by activity based costing
What are the advantages and disadvantages of overhead costing?
The advantages are that you will be able to get more things for the business. The disadvantages are that they are a lot of costs.
What are the Advantages and disadvantages of normal distribution?
One advantage of using normal distribution is that there are less errors. A disadvantage of normal distribution is that it can not be interpreted to terms of probabilities.
What are advantages and disadvantages of normal distribution?
One advantage of using normal distribution is that there are less errors. A disadvantage of normal distribution is that it can not be interpreted to terms of probabilities.
What are the benefits of base?
Advantages of Activity Based Costing System:Activity based costing system has the following main advantages / benefits: More accurate costing of products/services, customers, SKUs, distribution channels.Better understanding overhead.Easier to understand for everyone.Unit cost rather than just total cost.Enables costing of processes, supply chains, and value streams
