Explain cost accounting treatment for wages components
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COST ACCOUNTING :-
Cost accounting is the process of recording, classifying , analyzing , summarizing , and allocating costs associated with a process , and then developing various courses of action to control the costs . it's goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capabilities .
Cost accounting provide the detailed cost information that management needs to control current operations and plan for the future !
Hope this will help you to know about more !
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★Here's your answer ★
COST ACCOUNTING :-
Cost accounting is the process of recording, classifying , analyzing , summarizing , and allocating costs associated with a process , and then developing various courses of action to control the costs . it's goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capabilities .
Cost accounting provide the detailed cost information that management needs to control current operations and plan for the future !
Hope this will help you to know about more !
________
★★★★★★
________
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