Yarn count + reed pick
Plz refer to tis link. http://www.accountingformanagement.com/variance_formulas.htm
Process costing is commonly used by companies in industries where products are mass-produced and indistinguishable from one another, such as in chemical manufacturing, food processing, and textiles. For example, companies like Procter & Gamble and Nestlé utilize process costing to allocate costs to production processes for their consumer goods. This method allows them to efficiently track costs across continuous production runs.
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Variable costing is called marginal costing while direct costing is separate concept.
a job costing
outline the characteristics and purpose of: Job costing and process costing
Yes marginal costing is also sometimes called direct costing.
Labour costing. Material costing
full absorption costing
Methods of Costing The cost of products or services is determined using several methods. The use of a given method is dictated by such factors as: the nature of cost units, the production process, the mode of cost accumulation, the duration of work etc. The following are the well established methods of costing a. Job / Batch costing b. Contract costing c. Process costing d. Service costing Techniques of Costing Irrespective of the type of costing method being applied there are various approaches that could be adopted. These are:  Full Absorption costing  Marginal costing  standard costing using  absorption costing  marginal costing
what is the purpose of process costing?
difference between conventional costing methodology ang activity costing