Question

It is a type of costing method in which there will be no pre-production needed and each order will be made according to the customer specifications.” Explain the type of costing method that will be used by the company in such type of cases. Also explain its features

Answer 1

Answer:

What Are the Types of Costs in Cost Accounting?

Direct Costs.

Indirect Costs.

Fixed Costs.

Variable Costs.

Operating Costs.

Opportunity Costs.

Sunk Costs.

Controllable Costs

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