Material control (Accounting for materials)

The  main purpose of cost accounting is to minimize the cost of production .To achieve this objective , proper planing and effective control over material is to be exercised . Materials  control mean a systematic control over purchasing , store and consumption of materials .It is necessary to ensure the supply of right quality and quality of materials at right time & to prevent extra expenses on unnecessary purchase and improper use .It can reduce the losses and wastage of material through efficient purchase of material , their efficient strong ans efficient use or consumption .