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<p>And according to fixation of responsibility of cost difference in know as;-</p> <p>1.Cost comparision</p> <p>2.cost system</p> <p>3.cost book keeping</p> <p>4.cost management</p> <p>5.cost analysis</p> <p> </p>
Cost accounting traces all costs related with activity & allocates them to the product on the basis of cost pool & cost driver to calculate costs to be charged to specific products.
COST ANALYSIS