Archive | Batch Costing

Batch Costing: Procedure and Advantages | Cost Accounting

In this article we will discuss about:- 1. Introduction to Batch Costing 2. Difference between Batch Costing and Job Costing 3. Procedure of Batch Costing 4. Economic Batch Quantity 5. Advantages of Batch Costing 6. Disadvantages of Batch Costing. Contents: Introduction to Batch Costing Difference between Batch Costing and Job Costing Procedure of Batch Costing Economic Batch Quantity Advantages of [...]

By |2018-03-21T06:06:51+00:00March 21, 2018|Batch Costing|Comments Off on Batch Costing: Procedure and Advantages | Cost Accounting

What is the formula for Cost Per Unit?

The below mentioned article provides a note on batch costing. CIMA defines Batch Costing as "that form of specific order costing which applies where similar articles are manufactured in batches either for sale or for use within the undertaking." The Batch Cost is defined as "aggregated costs relative to a cost unit which consists of a group of similar articles [...]

By |2016-12-12T08:06:16+00:00December 12, 2016|Batch Costing|Comments Off on What is the formula for Cost Per Unit?
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