Cost Accounting Homework Help

If you want to learn more in this regard, you can always take the help of our cost accounting experts.Direct Cost: The costs which have a direct relation with the unit of manufacture/ operation are called direct costs.

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Book Cost: The costs which are not paid directly but some provisions are made to those costs in profit and loss statements can be identified as Book Cost.

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Explicit Cost: Explicit Costs are also called paid out costs; they are basically those costs which are genuinely paid by the firm.

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Homework on Accounting provide a vital insight into the economic activities taking place in an organization.

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Actual Cost: The original cost that is involved in manufacturing a good or providing a service is said to be an initial cost to the company.

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