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Service Costing

This topic has 1 reply, 2 voices, and was last updated 3 years ago by Ken Garrett.

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August 22, 2021 at 7:16 am #632474
maximus07
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Which of the following is not typically a feature of service costing?
A Allocating costs between fixed and variable elements
B Accurate time recording
C Accuracy in valuing work in progress
D Unique nature of the work
Answer is D.
Can you explain sir, I do not know as uniqueness in every activity, is quality of service costing.
August 22, 2021 at 1:37 pm #632533
Ken Garrett
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A service is not necessarily unique (though often is).
For example, a car wash company is delivering a service yet this is the same for all cars.
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