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What is the step down costing?
STEP DOWN is costing:$5.712
What is the first step in activity based costing?
Costs are assigned to activities from resource cost pools.
Why does over costing and under costing occur with traditional costing system?
Over costing and under costing occurs because overhead cost is applied first using some ratio to find out the cost of product before the process of production done and actual cost found.
Define process costing its types features applications?
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Is direct costing the same as variable costing?
Variable costing is called marginal costing while direct costing is separate concept.
Is a hospital a job costing or process costing?
a job costing
what is the theme of cost price by kerima?
Costing is important to ensure that all expenses are covered and the group fixes a price that ensures a profit. The first and most important step is to identify ALL the costs of a business: production, sales, administrative, overheads, etc. The next step is to classify costs into fixed and variable costs
What is the and purpose of Job Costing Process Costing?
outline the characteristics and purpose of: Job costing and process costing
What is the job costing and give you the example?
Labour costing. Material costing
Is the marginal costing called direct costing?
Yes marginal costing is also sometimes called direct costing.
What is the first step of a project?
planning is your first step.
If you were a candy manufacturer which costing system should you use full absorption costing or variable costing?
full absorption costing
