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what are types of cost? categorise these cost specially
those which are relates to financial managment. and which
cost should be consider during management.
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Answer Posted / renata
Direct costs can be related to a cost utin
Interect costs These costs can not be speciffically traced
to individual cost unit( factory rent, finance costs)
Overheads
Productional overheads may be accounted for as part of cost
of sales( insurance, light)
Non-productional overheads may be accounted for below the
gross profit line.( admin costs, selling costs)
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