Types Cost Accounting

Mais informações

Set Up A Yoghurt Ice-cream Store After 'A' Levels Exam- PDG 3212 Group 2

por Goh ChangJun

Gatsby Example Map

por Amanda Trehearn

Author's Message

por Henry qwerty

Set up a yoghurt ice cream store after 'A' Levels Exam – PDG 09/12 Group 1

por Jia Ying Liew

Types Cost Accounting

Controlable Cost

Controllable costs are expenses managers have control over and have the power to increase or decrease

Variable Cost

cost will fluctuate with change of output product

Material

Production supllies

Credit card fees

Commisision

Fixed Cost

cost do not vary with output product

Salaries

Depreciation

Insurance

Operating Cost

expenses associated with day-to-day business activities but are not traced back to one product ,it can be fixed cost or variable cost

Sunk Cost

costs that have already been incurred and  will not make any difference in the current  decisions by management

Subtopic

Indirect Cost

not easily related to producton , example: electricity

Office expenses

Rent

Security expense

Direct Cost

material purchased by company to make product,related to production

Direct cost

Sales commision

Freight

Consumable supplies

Opurtunity Cost

is the benefits of an alternative given up when one decision is made over another.