Professional Documents
Culture Documents
A cost accounting method concerned with establishing the costs of services rendered Examples where service costing is applied:
Transport Hotels Hospitals Power Generation units Educational Institutions
Particulars
Fixed (Standing) charges License duty & Insurance Garage Rent Administration overheads Drivers , Managers salary Tax Interest Variable (Running) charges Petrol /Diesel Cleaners wages Repairs & Maintenance Tyres & Tubes
Administration overheads Depreciation of plant, building Tax Variable (Running) charges Coal Consumes Labour wages Lubricant & oil Repairs & Maintenance Spare parts Total Operating Cost