Classifying costs is an important job for business managers, especially Production and Marketing managers who make product-related decisions.
Posts tagged as “costing methods”
Contribution-Costing Technique is a method of costing in which only Direct Costs are allocated to products, not Indirect Costs (Overheads).
Full-Costing Technique is a method of costing in which all Direct Costs and Indirect Costs (Overheads) are allocated to products of the business.