OBJECTIVES OF COST ACCOUNTING, Cost Accounting

OBJECTIVES OF COST ACCOUNTING :
1-DETERMINING SELLING PRICE
2-CONTROLING COST
3- PROVIDING INFORMATION FOR DESING MAKING
4-ASCERTAINING COSTING PROFIT
5-Facilitating preparation of financial and other statements
Posted Date: 2/25/2013 10:45:31 AM | Location : USA







Related Discussions:- OBJECTIVES OF COST ACCOUNTING, Assignment Help, Ask Question on OBJECTIVES OF COST ACCOUNTING, Get Answer, Expert's Help, OBJECTIVES OF COST ACCOUNTING Discussions

Write discussion on OBJECTIVES OF COST ACCOUNTING
Your posts are moderated
Related Questions
Limitations of CVP Analysis The make use of the basic CVP model is just only relevant to planning and decision-making in an activity range whether the basic cost and revenue b

This time of year we all here about football. For me it is the bad news of how poorly the Buffalo Bills are performing. Hopefully your favorite team is doing well. One thing we


METHODS OF COSTING : 1. Job costing :  Job costing is the essential costing technique appropriate to those industries somewhere the work consist of separate contracts, or batch

Netflix Inc wants to issue discount bonds with a market value equal to 45% of their face value. The income tax rate of Netflix is 30%. The bonds will carry 3.5% coupon, paying inte

XYZ Pvt Ltd is a private company incorporated in Australia, and manufactures handbags. The opening balance of XYZ Pvt Ltd's franking account on 1 July 2010 was $nil. During the 201

ADVANTAGES OF STANDARD COSTING 1.     It offers a yardstick for measurement of performance. 2.     It helps 'Management by Exception'. 3.     It allows the management to

The value of un-sold stock. The stock is valued at cost or market price either is lower. Usually, the closing stock is not specified in the trial balance but is specified in adjust

It is important to have performance measures to evaluate managers as they control resources and invest in assets for the company. Describe how you could use different variances (ac

Determine Opportunity Costs A company has material B in stock that originally cost Shs. 5000 for the 1000 Kshs in stores. The material is missing over from an old purchase ord