RE: SLC | S21W3 | Costs for entrepreneurs - Costing methods
Greetings @mohammadfaisal
1.- You have explained the costing methods as a set, which is nothing more than the specific procedures used to determine a cost, pointing out at the same time some of the most common ones and the importance of them.
2.- You have pointed out the difference between job order costing and process costing, indicating the specific differences in them and how both are linked to the way of production.
3.- You have explained two other types of costing such as activity-based costing and kaizen costing, an efficient and useful Japanese method. You have detailed some aspects of operation and the mechanism of working with these costing methods.
3.- You have indicated the elements used in the manufacture of cakes, and segregated each of them according to their classification, which has allowed you to determine the cost and production of a cake.
Below I share the evaluation summary.
Description | Evaluation |
---|---|
Quality | 2.3/3 |
Compliance with rules | 3/3 |
Presentation | 2/2 |
Originality | 1.2/2 |
Plagiarism free | ✅ |
Human/AI | Human |
Total | 8.5 |
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