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,,,Forgot,,,Password,,,Submit,,,In,,,,both,,,,the,,,,techniques,,,,,results,,,,of,,,,comparison,,,,are,,,,analysed,,,,and,,,,reported,,,,to,,,,management.Slide,,,,4:,,,,ContFees,,,paid,,,to,,,architects,,,of,,,buildingJoin,,to,,Access,,We,,won't,,post,,anything,,,everCosting,,procedure,,is,,simplifiedIt,,,may,,,be,,,prepared,,,weekly,,,,monthly,,,,quantity,,,,half,,,yearly,,,or,,,yearly,,,at,,,any,,,convenient,,,interval,,,of,,,timeBut,,,,trading,,,price,,,or,,,trading,,,value,,,of,,,cost,,,of,,,production,,,will,,,be,,,shown,,,on,,,the,,,credit,,,side,,,and,,,balancing,,,figure,,,or,,,trading,,,value,,,of,,,cost,,,of,,,production,,,will,,,be,,,shown,,,on,,,the,,,credit,,,side,,,and,,,balancing,,,figure,,,will,,,be,,,put,,,on,,,debit,,,side,,,of,,,this,,,account,,,as,,,"manufacturing,,,profit",,,or,,,"manufacturing,,,loss"(ICMA,,,,London),,,Standard,,,Costing,,,is,,,,"The,,,preparation,,,and,,,use,,,of,,,standard,,,costs,,,,their,,,comparison,,,with,,,actual,,,cost,,,and,,,the,,,analysis,,,of,,,variances,,,to,,,their,,,causes,,,and,,,points,,,of,,,incidence.",,,(lCMA,,,,London),,,Thus,,,standard,,,costing,,,involves:,,,Pre-determination,,,of,,,standard,,,costs

In,,other,,words,,,all,,items,,on,,debit,,and,,credit,,side,,will,,be,,the,,same,,as,,mentioned,,aboveImportance,,of,,unit,,or,,output,,costingUnit,,or,,output,,costing,,helps,,both,,in,,ascertainment,,and,,control,,of,,costCost,,,,sheet,,,,is,,,,a,,,,periods,,,,statement,,,,prepared,,,,in,,,,a,,,,columnar,,,,from,,,,to,,,,know,,,,the,,,,total,,,,cost,,,,and,,,,per,,,,unit,,,,cost,,,,of,,,,productionExtreme,,,,care,,,,is,,,,essential,,,,in,,,,the,,,,fixation,,,,of,,,,standards,,,,as,,,,the,,,,success,,,,of,,,,a,,,,standard,,,,costing,,,,system,,,,depends,,,,largely,,,,upon,,,,the,,,,accuracy,,,,of,,,,the,,,,standard,,,,costs,,,,used

For,,this,,purpose,,,all,,administrative,,functions,,should,,be,,studied,,in,,detailThis,,system,,facilitates,,delegation,,of,,authority,,and,,fixation,,of,,responsibility,,for,,each,,department,,or,,individual,,Rating,,Then,,,,tender,,,,or,,,,quotation,,,,price,,,,is,,,,determined,,,,on,,,,the,,,,basis,,,,of,,,,percentages,,,,of,,,,overheads'Where,,,,constantly,,,,reviewed,,,,,the,,,,standards,,,,provides,,,,means,,,,for,,,,achieving,,,,cost,,,,reduction

(iii),,,To,,,establish,,,standard,,,costs,,,,some,,,form,,,of,,,budgeting,,,is,,,essential,,,as,,,there,,,is,,,the,,,need,,,to,,,forecast,,,the,,,level,,,of,,,output,,,and,,,prescribed,,,set,,,of,,,working,,,conditions,,,in,,,the,,,periods,,,in,,,which,,,the,,,standard,,,costs,,,are,,,to,,,be,,,used,,,,Feedback,,,,Submit,,,,Similarly,,,,,if,,,,production,,,,units,,,,exceed,,,,sales,,,,units,,,,,the,,,,different,,,,will,,,,be,,,,units,,,,of,,,,closing,,,,stock,,,,of,,,,finished,,,,goods,,,,,which,,,,will,,,,be,,,,valued,,,,on,,,,the,,,,basis,,,,of,,,,cost,,,,per,,,,unit,,,,and,,,,will,,,,be,,,,deducted,,,,from,,,,cost,,,,of,,,,productionArithmetical,,,accuracy,,,cannot,,,be,,,checked:,,,under,,,this,,,system,,,,generally,,,a,,,statement,,,is,,,prepared,,,which,,,does,,,not,,,from,,,a,,,part,,,of,,,the,,,double,,,entry,,,system,,,EduRev,,,Level,,,99999,,,Study,,,Level,,,,,,For,,,Content,,,You,,,Viewed,,,99999,,,+,,,For,,,Tests,,,You,,,have,,,Taken,,,99999,,,+,,,For,,,Your,,,Courses',,,Progress,,,99999,,,Popularity,,,Level,,,For,,,Your,,,Followers,,,99999,,,+,,,,,,For,,,Your,,,Content,,,Viewed,,,99999,,,+,,,,,,For,,,Ratings,,,on,,,Your,,,Content,,,99999,,,Helpfulness,,,Level,,,,,,For,,,Content,,,You,,,Uploaded,,,99999,,,+,,,,,,For,,,Documents,,,You,,,Rated,,,99999,,,+,,,,,,For,,,Completing,,,Your,,,Profile,,,99999,,,+,,,For,,,Upvotes,,,on,,,your,,,Answers,,,99999,,, 3c092786bf
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September 2018