Types Of Costs Under Functional Classification at Erica Laforge blog

Types Of Costs Under Functional Classification. Costs can be classified into different categories and for different purposes. Production/manufacturing cost, administration cost, finance cost, selling cost, distribution cost, inventoriable and period costs, research and development costs, quality costs, etc. Table 1 lists the various classifications on the basis of behavior, nature, and function. Assigning costs to a cost object. Purpose of the cost classification. Now, in costing there are a. Classification of costs essentially means the grouping of costs according to their similar characteristics. Common types of costs based on the functional classification of costs are as follows: Costs may be categorized according to their:

How to the Classification of Cost according to 4 functions? ilearnlot
from www.ilearnlot.com

Assigning costs to a cost object. Costs may be categorized according to their: Now, in costing there are a. Classification of costs essentially means the grouping of costs according to their similar characteristics. Costs can be classified into different categories and for different purposes. Purpose of the cost classification. Table 1 lists the various classifications on the basis of behavior, nature, and function. Common types of costs based on the functional classification of costs are as follows: Production/manufacturing cost, administration cost, finance cost, selling cost, distribution cost, inventoriable and period costs, research and development costs, quality costs, etc.

How to the Classification of Cost according to 4 functions? ilearnlot

Types Of Costs Under Functional Classification Costs may be categorized according to their: Purpose of the cost classification. Common types of costs based on the functional classification of costs are as follows: Now, in costing there are a. Assigning costs to a cost object. Costs can be classified into different categories and for different purposes. Classification of costs essentially means the grouping of costs according to their similar characteristics. Costs may be categorized according to their: Table 1 lists the various classifications on the basis of behavior, nature, and function. Production/manufacturing cost, administration cost, finance cost, selling cost, distribution cost, inventoriable and period costs, research and development costs, quality costs, etc.

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