RE: SLC | S21W3 | Costs for entrepreneurs - Costing methods.
Greetings @josepha
1.- You have explained very well the definition of costing methods and their importance, highlighting that these are a set of specific procedures used to determine a cost.
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 additional types of costing such as batch costing and contract costing. Very well explained the methodology used by these methods, their characteristics and examples.
4.- You have provided the calculation of the cost of the preparation of cakes, according to the work order method. The calculations made are in syntony with what was explained in the class.
Below I share the evaluation summary.
Description | Evaluation |
---|---|
Quality | 2.5/3 |
Compliance with rules | 3/3 |
Presentation | 2/2 |
Originality | 1.6/2 |
Plagiarism free | ✅ |
Human/AI | Human |
Total | 9.1 |
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Thank you.