cost sheets

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A D - Loving Life

A D - Loving Life (Querist)
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15 November 2008 Give me the information of two types of cost sheets namely marginal & absorption?

Ram Avtar Singh

Ram Avtar Singh (Expert)
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15 November 2008 You can fiend by this link Mariginal cost sheet

https://www.docstoc.com/docs/281322/Cost-Sheet

Nirav Vora

Nirav Vora (Expert)
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15 November 2008 Hi..

The most important difference between marginal costing & Standared costing is that in marginal costing you need to considared all the manufacturing cost as a allocated cost, while in standared costing you need to considared all the manufacturing cast as period cost. for e.g. if u hv paid factory rent then full amount of rent will be taken as manufacturing cost while in stad. costing u treat as only period cost. There will alwalys difference in Closing stock figure.

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