Tag Archives | Service Costing

Service Costing: 7 Types of Service Costing | Cost Accounting

The following points highlight the seven main types of service costing. The types are: 1. Motor Transport Costing 2. Staff Canteen Costing 3. Hotel Costing 4. Boiler House Costing 5. Powerhouse Costing 6. Hospital Costing 7. Single or Output Costing. Type # 1. Motor Transport Costing: Objectives of Transport Costing are: (a) To analyse operating costs such as cost of [...]

By Parishmita|2018-05-16T07:31:19+00:00May 16, 2018|Service Costing|Comments Off

Service Costing: Definition and Application and Formula| Cost Accounting

In this article we will discuss about:- 1. Definition of Service Costing 2. Application of Service Costing 3. Forms of Service Costing. Definition of Service Costing: CIMA defines Service Costing as 'cost accounting for services or functions (e.g., canteens, maintenance, personnel). These may be referred to as service centres, departments or functions.' Service Costing is also known as 'operating costing' [...]

By Aisha P|2016-12-12T08:06:16+00:00December 12, 2016|Service Costing|Comments Off

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