Cost structure

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 December 2015 Hi i am CA in industry. I want to make such system in my company that all the process losses from production can be convert in to cost. for that i need to define cost structure for all exp of P&L at maximum possible level. Can you please suggest some tips that can be used to develop such system.

Amol S Joglekar

Amol S Joglekar (Expert)
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09 December 2015 You need to take the help of "production engineering" people. Those people do "work study" and "method study".
They can provide you with the "Standards" under different levels.
Once the standards are set, you, as a CA, can assign value to it and make the entries.

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