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Service Costing

MM075y ago
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? Isn't it quality of Service?
John MoffatJohn MoffatTutor5y ago#1
Service costing will normally be calculating the cost per hour of delivering a service when the service is a standard service (not unique).
MM075y ago#2
And sir, Services are not unique? Like one service would not be different to other?
John MoffatJohn MoffatTutor5y ago#3
They can be different but then we would not use service costing. However where did you find this question because it is very strange (mentioning work in progress which is not typically a feature of service costing!!)
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