A FRAMEWORK AND ANALYTICAL STUDY ON JOB ORDER COSTING

Dr. K Devi

Abstract


An interaction costing framework, similar to a task request costing framework is an expense amassing framework that produce the unit fabricating cost for a given cycle. Per-unit fabricating costs are utilized essentially for item costing, stock valuation, and pay assurance. Per-unit cost information is imperative for valuing purposes. They are utilized for evaluating completed items as well as for choosing the "right" item blend to expand Creation. Maybe the best method to use measure cost information is to coordinate the yield into the standard costing arrangement of the firm.

Occupation request cost bookkeeping amasses costs by explicit positions, agreements, or orders. The work request cost strategy is suitable when the items are made in recognizable parts or clusters, or when the items are produced to client particulars. Occupation request costing is broadly utilized by custom producers like printing, airplane, development, auto fix, and expert administrations.


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References


Andrew Wileman - Driving Down Cost: How to Manage and Cut Costs--Intelligently, Hardcover - Jul 7, 2008.

Jae K. Shim., Joel G. Siegel - Modern Cost Management and Analysis, Barron's Business Library, 2002.

Wilson R. - Strategic Cost Management, Ashgate Publishing Limited, Vermont, 1997;

John J. Sabarro, Linda A. Hill, Managing Performance, Harvard Business School Publishing, Boston M1, 1996.


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