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Job costing - Its main aim is to identify the costs associated with completing the order and to record them carefully. is a form of specific order costing and it is used when a customer orders a specific job to be done., Batch costing - It is a form of specific order costing. Each batch is a separately identifiable cost unit which is given a batch number in the same way that each job is given a job number., Process costing  - It is a costing method used when mass production of many identical products takes place, for example, the production of bars of chocolate, cans of soup or tins of paint. It is an example of continuous operation costing., Service costing - It is used when an organisation or department provides a service. ,

Costing - Batch, Job,Process and Service Costing - AAT- Management Accounting

by Sgarcia


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