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Cement industry
what type of costing methods apply on cement industry in india?
Replies (3)
process costing
- Unit costing: This method is also known as "single output costing." This method of costing is used for products that can be expressed in identical quantitative units. Unit costing is suitable for products that are manufactured by continuous manufacturing activity: for example, brick making, mining, cement manufacturing, dairy operations, or flour mills. Costs are ascertained for convenient units of output.
sir i am confused please explain ?
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