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Costing: Explanation of terms needed - Printable Version

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Costing: Explanation of terms needed - Muhammad Adnan Arshad - 01-25-2006

please explain the followings & help me to clarify all these
*cost units & unit cost;
*cost centres;
*cost drivers (transactions-related & production-volume related);
*cost pools;
*OHs Allocation, OHs Apportionment, OHs Absorption.
*Activity Based Costing (ABC) Method & ABC Plan.

I'll be very be helped/benefited by your guidance.


- srsaqib - 01-25-2006

I think you should study the book "Cost Accounting" by Matz Usry


Saif-ur-Rehman Saqib
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+92 300 278 3602