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We can say that this type of cost control is part of a broader scope of the study of general accounting, which uses various techniques and calculations so that your industry's assets are adequately controlled. To make it clearer, the branch of cost accounting is classified as an accounting record of your company's operations, which can be divided into two: service cost accounting: the costs of a company involving the provision of a certain service; industrial cost accounting: a company's costs for manufacturing its products. With cost accounting, managers are able to align plans and make assertive decisions alongside their financial teams, since this area aims to determine costs and form prices for products or services.
Types of costs when working with accounting focused on a company's costs, two types are highlighted: direct costs direct costs are completely linked to the production of a specific product or service in your industry. For example, if you have a sweet shop, the packaging, ingredients, etc., are considered direct costs, as each sweet made has a greater Bank User Number Data expense with the inclusion of these items. Indirect costs these types of indirect costs represent those that cannot be directly identified in your industry's products or services. For example, the marketing team and accounting leaders within your company are your company's indirect costs. Hey, but are direct costs and indirect costs the same thing as fixed and variable costs? The answer to this question is: yes, since they have criteria to be measured appropriately. What is the function of cost accounting.
The cost type accounting strategy aims to better understand the financial health of your industry. After all, with it it is possible to answer several questions asked by entrepreneurs across the globe, such as: what is the real price of my products or services? With this, it is also worth saying that managers are fully aware of what happens within the industry's production departments, increasing planning in each area. With this information well structured in your head, we will learn how to carry out good cost control in your industry in the next topic. How to perform cost accounting in your industry? Well, now that you know what cost accounting is and how important this area is for you to achieve exceptional cost control within your industry, it's time to learn how to do it in practice. Even though we are talking about accounting, the calculations involving this tool are simple and easy to do.
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發表於 2024-3-9 17:34:51