what is controlling area, cost center, cost element,internal
order & profit center?what does it control?what is
relationship between each other?
Answer Posted / chandu
hi,
controling area means, it is individual area which we find
out the actual costs and incomes, based on this information
we can decide whether we hav to control costs and incomes
from the tht area. area means productr services.
cost center indicate of actual cost of the product to
produced r to get. it is part of controling of costs.
internal order means to get the raw meterial from the
godown to the production area, we hav to cofigure steps to
posting data raw meterial like meterial type, cost, etc.
profit center indicate the actual profit of each product r
serves.
these are inter related with each other. these are used to
find the actual cost incured and incomes gained. based on
this we can control the cost of producing products.
this information as of my knowledge, if der is any wrong,
pls ignore, then send me right answer to my id:
dearchandhu@gmail.com
Is This Answer Correct ? | 14 Yes | 19 No |
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