Cost is a Perception
Order - 2
Order - N
Total
Order -1
Order - 2
Order - N
Total
Materials
Total Cost
Sales
Costing Profit
Materials
Labour
Total Cost
Sales
Costing Profit
Order -1
Materials
Labour
Expenses
Total Cost
Sales
Costing Profit
Order - 2
Order - N
Total
Traceability
Materials
Functional
Classification
Factory overheads
Direct
Labour
Administrative overheads
Indirect
Expenses
Product
X
Y
Z
Total
B] Apportionment of Overheads
Keeping appropriate data
Selection of appropriate basis for distribution
C] Re-apportionment of Overheads
Keeping appropriate data
Selection of appropriate basis for distribution
SCM Tools
Value Chain Analysis
Supply Chain
Value Added Chain
Consumption Chain
Cost Competitiveness
Product Differentiation
Cost Driver Analysis
Target Costing
Learning Curve Analysis
Quality Cost Analysis
System Approach
Costing Principles
Costing Concepts
Concept of allocation
Economy concept
Concept of cost normality and comparability
Consistency concept
Need concept
Conservatism concept