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Uses of cost accounting
The main uses of cost accounting as follows: 1. Helps in Ascertainment of Cost: Cost Accounting helps in the ascertainment of cost of each product, process, job, contract, activity etc. by using different methods of...
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Advantages and Disadvantages of Marginal Costing
Learn the advantages and disadvantages of marginal costing (also called direct, variable, and contribution costing) in accounting.