COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In ____ costing the cost of a group of products is ascertained.
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process
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job
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batch
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service
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marginal
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Explanation:
Detailed explanation-1: -Batch Costing: It is a form of job costing. In this, the cost of a group of products is ascertained. The unit of cost is a batch or a group of identical products instead of a single job, order or contract. Separate cost sheets are maintained for each batch of products by assigning a batch number.
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