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  • 4.operating Costing

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    Pratik
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    Operation costing is an accounting method professionals use to calculate product costs using process and job expenses. This includes the prices of materials, labor and facility upkeep. Businesses often use process costing for simple production models in which products follow the same process every time.

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    4.Operating costing

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    Operation costing is an accounting method professionals use to calculate product costs using process and job expenses. This includes the prices of materials, labor and facility upkeep. Businesses often use process costing for simple production models in which products follow the same process every time.

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    © All Rights Reserved
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    32 views12 pages

    4.operating Costing

    Uploaded by

    Pratik
    Operation costing is an accounting method professionals use to calculate product costs using process and job expenses. This includes the prices of materials, labor and facility upkeep. Businesses often use process costing for simple production models in which products follow the same process every time.

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    of 12
    OPERATING OR SERVICE COSTING Operating costing method is one desined fo undertakings” which do not prod costing is known at service costing, It undertaking” The the method use ascertain and contol the cost, reasSyat which render services gn form h that iy an undertaking or Dy a ery cea FEO sn gis te ey provid is used wherever any type of service is to De costed inh Srrmoney. These services may broadly be categorised a+ "t tangible produ, It resembles unit costing in that the total cost incurred during a period ona service divided bythe total numberof cost unit of the service gives cost peru of service. ‘The proportion of fixed costs is generally higher. 5 operating costs are taken as period costs and are charged tt od. 4c of service enterprises, ovided by diferes ay be qualitatively diet Hence their cost maybe diferent | the snps88 > I Perpsrgek Fgh 0560071600000 = 072 Tce Fgh Tek 9k ent = T2477 QD Working Note === omar) = 20km 23 pe tpeamge dys R00 Ook © nies Teese sae Jaen oie an Iusteetion 11 ‘A compiy is osdeing testers pg i ones es espe ote td content alin apponesl 2000 Bm ee) 1) Phe nd min on esto, Taverne cst acaris® 1.000 ome ad obs cst |i) tie sar om an pny a 20000 pr yo pr Te campy wl ave ae cn el tvs ade, Th fotwig fer dats seal Repu and sinters € 020 per, “Tyre € 012 Fae per. esac 1200 perc pean Tavs so pererperon Rese val € 2000 ae end ofthe fh ea Wok cat elaine so of ee pp sdk tem Solution:

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