Service Costing

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Ken Garrett.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
August 22, 2021 at 7:16 am #632474
maximus07
Participant
- Topics: 446
- Replies: 437
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
Keymaster
- Topics: 10
- Replies: 10661
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.
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Service Costing’ is closed to new replies.