classification, Cost Accounting

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what is the classification of cost & how it is done?

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Functional Classification of Costs Beneath this classification, costs are classified according to the function they execute in an organization.  Costs can functionally be clas

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Slash and Burn is a monopolist that can sell its output at these prices and with these total costs:                    Output             Price        Total Cost

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Cost Book-Keeping In cost account accounts, extensive employ is made of control accounts that are based in the similar principles as those utilized in financial accounts.  Two

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