Cost accounting i

  • Types of accounting

    Costing is a type of accounting that works to assess an organization's total cost of production by looking at both variable and fixed costs during each step of production.
    This type of accounting data is calculated internally but is not shared externally..

  • Types of accounting

    Examples of Cost Accounting
    For example, a company that manufactures gadgets might list the cost of the materials used to make each gadget, the labor required to assemble it, and the overhead costs associated with running the factory..


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