Latest Answer : 5 years ...
Latest Answer : In this modern age of cut-throat competetion cost accounting for the product is must to mininize cost of product and gettting maximum profit. If the producer does not maintain or minimize waste in the cost he will be failer. ...
what is the difference between cost accounting and management account
Latest Answer : since fixed cost doesn't change whether you decide to produce or not to produce...eg rent, thus in marginal costing fixed cost element is removed so as to arrive at contribution... hence fixed cost is irrelevent cost in marginal costing ...
What is cost control? what are the duties of a cost controller?
Illustrate the role of cost accounting in a company
Is cost accounting subset of management or is management account subset of cost accounting? Why?
What is Control Accounting? What is the use of it?