Buy custom Types Of Costs In Accounting
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 757 |
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They are required by law to provide some form of pension to their employees.
4. Selling and distribution costs
These are associated with selling the products or services which a business produces.
- Salaries – paid to sales staff
- Carriage – the cost of delivering the product
- Marketing – such as advertising and promotion costs...
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Finance costs
Very few businesses can operate without a bank account, but there are further expenses associated with this like bank charges, overdrafts, loans and mortgage interests.
b)
Overheads in cost centers
- Cost centers are sections of a business to which costs can be charged
- In order to deal with the overheads, one must know the whole organisation is split into cost centers
Allocation of overheads – is the charging to a particular cost center of overheads that are incurred entirely by that cost center...
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