Thursday, June 12, 2014

Questions with Answers on Costing Methods

What are the  Procedures, Advantages and Limitations of Job Order Costing?
What are Contract Costing and Cost Plus Contract?
Explain the concept of Economic Batch Quantity.
What is Batch Costing and Multiple Job Order Cost System?
What are the essentials and procedures of Process Costing?
Explain the Process Losses and Wastage.
What are Abnormal Gain and Internal Process Profits?
Explain Process Costing vs. Job Costing.

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