The concept and rules related to determining the cost of a product or service is called costing . There are diffirent method of costing . The process of working is diffiers from business to business . Likewise ,the method of costing are diffirent . For example , the production process foe catton textile and biscuits is different . should be adopted in consideration of the nature of the product . The following paragraph describe the general method of costing :
1. job order costing
2. process costing
3. service costing / operating costing
4. unit costing method
5.batch costing
6. multiple costing method etc.
1. job order costing
2. process costing
3. service costing / operating costing
4. unit costing method
5.batch costing
6. multiple costing method etc.
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