Question

what is costing and its characterstics​

Answer 1

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Costing enables the management to make a real comparison between different periods and between different firms within the same industry, as the unit of output is a common factor between different periods and between different firms within the same industry. Equality of cost is an important feature of this method.

Answer 2

Answer:

Costing enables the management to make a real comparison between different periods and between different firms within the same industry, as the unit of output is a common factor between different periods and between different firms within the same industry. Equality of cost is an important feature of this method.

Explanation:

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