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Function of cost accounting is 1 - determine cost of product 2 - alloction of costs 3- determine price of product 4- answers 1 & 2 are correct

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تم إضافة السؤال من قبل Ahmed kandil , Cost Controller , Battour Holding Cpompany
تاريخ النشر: 2015/02/27
Osama Mohamed, CMA Holder, CFA I Candidate
من قبل Osama Mohamed, CMA Holder, CFA I Candidate , Chief Accountant , Arabian Co. For Oils & Derivatives

choice no.04 is the right answer

imran Noor -
من قبل imran Noor - , Audit Officer , Auditor General of Pakistan

Option (4) >>>>>>>>>>>>> is the correct option

Option1 &2 are the functions of cost accounting

aziz urrehman
من قبل aziz urrehman , key account executive , alkhair group of companies foam manufacturing

OPTION4 IS CORRECT ANSWER .

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
من قبل VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Option >>>>>>>>>>>>4- answers1 &2 are correct

Khurram Shaukat Memon
من قبل Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Cost accounting is supposed to help you in determining all of the above listed factors. Since because product's accurate cost will be determined after allocation of cost at the correct rate to the relevant cost driver.

Once cost has been determined you are in a much better position to set the competitive price, knowing your margin on that product.

FITAH MOHAMED
من قبل FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

4- >>>>>>>>answers1 &2 are correct

Muhammad Imran
من قبل Muhammad Imran , Head of Accounts & Company Secretary , Fauji Infraavest Foods Limited

1-is the correct option from the options provided.

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