7 Basics Common to the Cost Account Record Rules
This article throws light upon the seven basics common to the cost account record rules. The basics are: 1. Materials 2. labour 3. Utilities 4. Depreciation 5. Effluent Treatment 6. Physical Determinants 7. Determinants of Costs. Cost Account Record Rules: Basic # 1. Materials: (a) Materials are variously classified as Raw materials, Process materials/Chemicals, Consumable stores. Small Tools, Machinery Spares, [...]