10. The main types of costing for ascertaining costs do not include
a) Uniform costing
b) Standard costing
c) Marginal costing
Answers
Answered by
0
marginal
hope it may help you
MARK ME AS BRAINLIEST
Answered by
0
The main type of costing for ascertaining costs does not include Standard Costing.
Uniform Costing-
- It's a technique of costing in which standardised principles and methods of cost accounting are used by different companies/firms.
- It facilitates in interfirm comparison and initiating realistic pricing policies.
Marginal Costing-
- It's a technique of costing in which allocation of expenditure to production is restricted to direct materials, direct labour, direct variable expenses and variable overheads.
Standard Costing-
- It is a system in which cost of product is ascertained in advanced based on pre-determined standards.
Uniform and Marginal costing are techniques of costing while Standard costing is a system of costing.
Similar questions