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Ascertainment of Cost

Determination of Selling Price

Cost Control

Ascertaining the Profit


Assisting in Decision Making

To Frame Budgets

Direct

Indirect

Direct

Indirect

Direct

Indirect

By Nature

By Controllability

By Function

By Normality

On the Basis of Behavior

Profit

Prime Cost

Cost of Production

Direct Labour

Direct Expenses

Total Cost

Direct Materials

SELLING PRICE

Factory Office Overhead Overhead

Selling and Distribution O/h

Factory Cost

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