Learn Costing methodologies of Service Providers Welcome to Cost Accounting Operating Costing.
Operating Costing is a method of ascertaining cost of providing or operating a service. This costing method is used by entities which provides services rather than the entities engaged in production activities.
The focus of Operating Costing is to arrive is ascertainment of Cost of Services. This costing method is usually made use by
-Gas and Works Departments;
-Electricity Supplies Companies;
In this course, you will learn about
a) Meaning of Operating Costing;
b) How to compute cost of composite units - i.e., Tonne-km., Quintal-km.
c) Preparation of Cost Sheet under Operating Costing
d) Calculation of Bus fare to be charged for each passenger
e) Computation of Cost per absolute ton kilometer
f) Evaluation of conveyance facilities.
This course is structured in self paced learning style.
Video lectures were used for delivering the course content.