6. costing is suitable for mines, quarries
cement works etc.
O a) Process
O b) Contract
оооо
O) Batch
O d) Operation
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b option( contract) mark me as brainlist
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Costing is suitable for mines, quarries, cement works and contract. (Option B)
- Costing is the classifying, recording and appropriate allocation of expenditure for the determination of the costs of products or services, and for presentation of suitably arranged data for the purposes of control, and guidance of management.
- Single costing is suitable for industries where manufacture is continuous and units are identical. This method is applied in industries like mines, quarries, oil drilling, breweries, cement works, brick works etc.
- Contract costing is the tracking of costs associated with a specific contract with a customer.
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