Cost accounting book by t.s. reddy pdf

  • What is cost sheet PDF?

    A Cost Sheet or Cost Statement is “a document which provides a detailed cost information.
    In a typical cost sheet, cost information are presented on the basis of functional classification.
    However, other classification may also be adopted as per the requirements of users of the information..

  • What is meant by cost accounting PDF?

    (CIMA) defines Cost Accounting as “the establishment of. budgets, standard costs and actual costs of operations, processes, activities or products: and the analysis of. variances, profitability or the social use of funds”..

  • Cost accounting helps us to determine the periodical profit and loss of a product.
    With the help of cost accounting, any organization can determine the exact cause of decrease or increase in profit that may be due to higher cost of product, lower selling price or may be due to unproductive activity or unused capacity.

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