Activity Based Costing
In costing finding cost per unit is not the only objective but the way you calculate it matters the most.
Direct and Indirect Expenses
Expenses may be defined as “the costs of services provided to an undertaking and the notional costs of the use of owned assets”.
Reconciliation Of Cost And Financial Accounts
The two systems of accounting viz. financial and cost accounts co-exist…
Integral & Non integral Accounts
Where cost and financial accounts are maintained in a combined way, the system is called…
COST SHEET
A Cost Sheet or Cost Statement is “a document which provides detailed cost information” on the basis…