Cost accounting features and objectives

  • What are the features of cost accounting?

    It ascertains cost of products and services through the process of accumulation, classification, analysis and recording.
    The elements of cost include (a) material, (b) labour and, (c) expenses.
    The main function of this system is to determine total cost and cost per unit.Aug 6, 2022.

Objectives of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making and determination of break-

Categories

Cost accounting fees structure
Cost accounting features and functions
Cost accountant fees
Cost accounting standards federal acquisition regulation
Cost accounting key features
Job cost accounting features
Cost accounting common features
Expense fees accounting
Cost accountant course fees in india
Acquisition costs accounting fees
Cost management accounting course fees
Federal cost accounting
Cost accounting general ledger
Cost accounting general entries
Cost accounting generator
Cost accounting general knowledge
Cost accounting general meaning
Cost accounting general knowledge in hindi
Cost accounting general manager
Cost accountants generally hold positions