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  • Costing

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    Denice Vicente
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    Costing is ascertaining the actual cost of producing an article or providing a service. It involves working out the real expenses incurred in manufacturing a product or delivering a service that has already been completed. Costing determines the true financial outlay for something that has already been produced or performed.

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    Costing is ascertaining the actual cost of producing an article or providing a service. It involves working out the real expenses incurred in manufacturing a product or delivering a service that has already been completed. Costing determines the true financial outlay for something that has already been produced or performed.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    7 views1 page

    Costing

    Uploaded by

    Denice Vicente
    Costing is ascertaining the actual cost of producing an article or providing a service. It involves working out the real expenses incurred in manufacturing a product or delivering a service that has already been completed. Costing determines the true financial outlay for something that has already been produced or performed.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Costing 

    means ascertaining the actual cost. Specifically, it can be defined as


    working out the actual cost of an article that has already been produced or a
    service that has already been rendered..

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