20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for March and June 2025 exams.
Get your discount code >>

service costing

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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

Author
Posts
December 3, 2016 at 9:51 am #353371
sxhawty
Member
- Topics: 56
- Replies: 25
sir, does a retail business uses service costing?
December 3, 2016 at 4:05 pm #353453
John Moffat
Keymaster
- Topics: 57
- Replies: 54655
They are unlikely to use any costing – a retail business buys from outside and then sells 🙂
Because they are buying from outside, the cost is known.
They will obviously take account of their other costs (staff costs etc, in deciding on the selling prices).
Author
Posts

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

You must be logged in to reply to this topic.