1. PROCESS COSTING 1.1 Introduction 1.2 Meaning of process costing 1.3 Distinction between job costing and process costing 1.4 Costing Procedure 1.5 The five steps of process…
Slide 11 1 Slide 2 2 WHAT IS PRICE? Determination of value in terms of money is called price. Price reflects scarcity of a commodity in relation to its demand. Slide 3 3…
1. PROCESS COSTING Process costing is famous topic of cost accounting. It is that method of costing which is used at that industry where production is done in step by step…
PROCESS COSTING Structure 1.0 Learning Objectives 1.1 Introduction 1.2 Meaning of process costing 1.3 Distinction between job costing and process costing 1.4 Costing Procedure…