Material Cost Control
Therefore Materials form an important cost of output units and that should be controlled. Material Control is more than merely recording the accounting transactions relating to such material cost. Control must be implemented to ensure which material is available
Control may be exercised on a number of points in the business cycle as given:
The material control system should attempt to ensure about the company does not incur costs in excess of an approved efficient level of expenditure. Require of adequate control routines will result in the incidence of costs in excess of an acceptable level, reduced profitability of production and increased operational costs.