Difference Between Job Costing And Batch Costing Pdf Download

difference between job costing and batch costing pdf

 

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Difference Between Job Costing And Batch Costing Pdf Download

 

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It,,,makes,,,available,,,to,,,the,,,management,,,a,,,complete,,,file,,,of,,,production,,,orders,,,which,,,contains,,,valuable,,,statistics,,,on,,,cost.,,,Profit,,,,or,,,,loss,,,,on,,,,a,,,,job,,,,can,,,,also,,,,be,,,,found,,,,out,,,,by,,,,preparing,,,,a,,,,job,,,,account.,,,,A,,separate,,card,,or,,cost,,sheet,,is,,maintained,,for,,each,,job,,in,,which,,all,,expenses,,regarding,,materials,,,labour,,and,,overheads,,are,,recorded,,directly,,from,,costing,,records.,,Thus,,cost,,control,,means,,the,,control,,of,,costs,,by,,management.,,(LogOut/Change),,,You,,,are,,,commenting,,,using,,,your,,,Facebook,,,account.,,,For,,example,,,the,,construction,,of,,a,,custom-designed,,piece,,of,,furniture,,would,,be,,accounted,,for,,with,,a,,job,,costing,,system.,,

 

It,,,is,,,expensive,,,to,,,operate,,,and,,,errors,,,are,,,possible,,,due,,,to,,,increased,,,clerical,,,work.,,,Given,,,,these,,,,descriptions,,,,of,,,,job,,,,costing,,,,and,,,,process,,,,costing,,,,,we,,,,can,,,,arrive,,,,at,,,,the,,,,following,,,,differences,,,,between,,,,the,,,,two,,,,costing,,,,methodologies:.,,,,The,,,job,,,account,,,is,,,debited,,,with,,,all,,,expenses,,,incurred,,,on,,,the,,,job,,,and,,,is,,,credited,,,with,,,the,,,job,,,price.,,,Mass,,production,,concerns,,such,,as,,chemical,,plants,,,flour,,mills,,,paper,,manufacturing,,,tyre,,and,,rubber,,companies,,etc.,,,produce,,uniform,,standard,,products,,and,,involve,,generally,,a,,continuous,,production,,process.,,Whenever,,a,,particular,,product,,is,,required,,,one,,unit,,of,,such,,product,,is,,not,,produced,,but,,a,,lot,,of,,say,,500,,or,,1000,,units,,of,,such,,product,,are,,produced.,,

 

%d,,,bloggers,,,like,,,this:.,,,Assist,,the,,management,,in,,controlling,,inventory,,for,,raw,,materials,,,goods,,in,,process,,,finished,,goods,,,spares,,and,,consumables,,etc.,,Thus,,,,the,,,,objectives,,,,can,,,,be,,,,summarized,,,,as,,,,follows:,,,,Ascertainment,,,,of,,,,costs,,,,Estimation,,,,of,,,,costs,,,,Cost,,,,control,,,,Cost,,,,reduction,,,,Determining,,,,selling,,,,price,,,,Facilitating,,,,preparation,,,,of,,,,financial,,,,and,,,,other,,,,statements,,,,Providing,,,,basis,,,,for,,,,operating,,,,policy,,,,Importance,,,,and,,,,advantages,,,,of,,,,Cost,,,,Accounting:,,,,Cost,,,,accounting,,,,is,,,,not,,,,only,,,,important,,,,to,,,,the,,,,management,,,,and,,,,owners,,,,but,,,,also,,,,to,,,,many,,,,others,,,,like,,,,the,,,,workers,,,,,the,,,,Government,,,,,the,,,,consumers,,,,,the,,,,public,,,,at,,,,large,,,,and,,,,so,,,,on.,,,,Create,,,,a,,,,free,,,,website,,,,or,,,,blog,,,,at,,,,WordPress.com.,,,,Thus,,the,,decision,,regarding,,which,,item,,to,,produce,,and,,how,,much,,to,,produce,,depends,,on,,the,,license,,given,,by,,the,,Government,,and,,the,,market,,forces,,of,,demand,,and,,supply.,,

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