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प्रश्न
Give one difference between product cost and period cost.
Distinguish between:
Production cost and period cost.
फरक स्पष्ट करा
उत्तर
| Basis of Distinction | Product Cost | Period Cost |
| Association | Product costs are those costs which are associated with production and which become part of the cost of a product. | Period costs are those costs that are associated with the period for which they are incurred. |
| Example | Sugarcane is used in producing sugar. | Rent of a telephone. |
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Controllable and Uncontrollable Costs
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
संबंधित प्रश्न
Give one difference between money cost and real cost.
Distinguish betwen implicit costs and explicit costs.
Give one difference between normal cost and abnormal cost.
"The cost of sugarcane is an avoidable cost." Justify for or against.
State one difference between Historical costs and Predetermined costs.
Differentiate between expired and unexpired costs.
Explain the following with an example:
opportunity cost.
Explain the following:
Out of pocket cost.
Explain the following:
Differential cost
Explain the following:
Replacement cost
