cost classification, Cost Accounting

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what are importance of cost classification

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explain fully the concept of the cost.how does cost accounting contribute to the effective and efficent management of an industrial established?

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The following details were extracted from the standard cost card of a component:       Raw Materials              2.82 Kgs @ Rs.4.80 Kg.     Direct Labour            Type I   6

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Comparison between Absorption and Marginal Costing Marginal Costing like a cost accounting system is considerably different from absorption costing. It is an optionally metho

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according to a factory cost ledger, job no 51 has incurred the following costs: direct material - 30

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