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
Accounting Treatment of Spoilage Costs 1) Normal Spoilage Costs: These costs are assigned to the good output utilizing two approaches as: (i) Omission Approach:  Under th

Consider the following information, prepared based on a capacity of 40,000 units: Category Cost per Unit Variable manufacturing costs

L ABOUR VARIANCES Labour Cost Variance (LCV) Described by the ICMA, London, 'Labour cost variance is the variation between the standard direct wages specified for the pro

MARGINAL COSTING As per the Chartered Institute of Management Accountants, London, the phrase 'Marginal cost' means - 'the amount at every given volume of output through which

A 1- year Canadian bond with a face value of 5000 can be purchased at 4800. a) Calculate the nominal interest rate in Canada. b) if the Canadian dollar is expected to depreci

Smith Corp. has determined that its contribution margin, (P - MC)/P, is 40%. A recent market research study found the following relationship between adverting outlays and sales rev

Bugga Corp expects to sell 3,000 units in October, and expects sales to increase 20% each month thereafter. Sales price is expected to stay constant at $8 per unit. What are budge

Asian Ltd makes three types of gold watch - the Diva (D), the Classic (C) and the Poser (P). A traditional product costing system is used at present; although an activity based cos

What is labor costing,what are the problems involved in labor costing

1.  Prepare a cash flow forecast for the proposal to launch SafeCus in 2010 for a three-year period from 1 January 2010 using the data in the body of the Case Study and discount at