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Doubt in cost accounting

IPCC 809 views 3 replies

krina

student

1263 Points Posted on 27 April 2012

Can someone please tell me why do we record or takein to considration NOTION EXPENSES in costing ?

what is the purpose/logic behind it ?

thanks in advance...

Replies (3)

Back in the Game

a

1273 Points Posted on 27 April 2012

are u asking abt opportunity cost...be clear in ur question?

Raman Aggarwal

Expert

363 Points Posted on 27 April 2012

YA SOME TIME WE ALSO CONSIDER NOTIONAL EXPENSES FOR PROFORMANCE APPARISAL OF PROJECT

vaibhav

student

221 Points Posted on 30 April 2012

Cost is basis of decision. So to compare with alterntvs we include n.exp.

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