Cost Classification And Material Management

Essay specific features

 

Issue:

Business

 

Written by:

Harold M

 

Date added:

August 16, 2015

 

Level:

University

 

Grade:

C

 

No of pages / words:

12 / 3355

 

Was viewed:

1020 times

 

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Essay content:

I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these. To complete the assignment I will be using a combination of lectures notes, text books and the internet to research the various ways of cost classification, and how different companies use these, to enable me to answer the assignment question...
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Cost classification can be done with various methods and for different reasons, depending upon the reason for use. For example, a management may use controllable and uncontrollable cost classification, to identify which costs are controlled by management and which are not. The main areas in which costs can be classified are decision making, planning, control and stock valuation...
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