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what is cost accounting ?
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cost accounting is the implementation of accounting
tecniques, ideas and methods for the utilisation of capital
or fund in a efficient way while rendering any services or
production in the organisation. In brief cost accounting is
the utilisation of the firms capital in a efficient way so
that the expenses remains less than the revenue, which
ultimately leads the firm in net profit.
Its a tool which is used to control the cost of production
or anything related to money.
| Is This Answer Correct ? | 22 Yes | 1 No |
Answer / ramgopal somasundaram
Cost accounting is the process of tracking, recording and
analysing costs associated with the products or activities
of an organization.
| Is This Answer Correct ? | 13 Yes | 0 No |
Answer / sonu mittal
Cost accounting is a analyses of cost. cost account base of finance account. used to control the cost of production
or anything related to money.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naheem
cost accounting is the accounting,to find out the cost of
goods produced and service rendered by a business concern,
(NAHEEM)
| Is This Answer Correct ? | 1 Yes | 3 No |
4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470
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2 Answers Microsoft, Reliance,
Ramana deposited directly in our Andhra Bank towards deposit for DealershipRs 15000/-Pass entry
​differed revenue expenditure
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