Cost Accounting is the application
of costing and Accounting principles, methods and techniques, the ascertaining
of cost and analyses of savings of excess as compared with standard or previous
experience.
of costing and Accounting principles, methods and techniques, the ascertaining
of cost and analyses of savings of excess as compared with standard or previous
experience.
A cost is defined as an expired
expenses incurred for the production of goods and services and the purchase of
an item for resale and for use.
expenses incurred for the production of goods and services and the purchase of
an item for resale and for use.