what’s the Objectives of Cost Accounting

Business Habit ⋅ @businesshabit ⋅ Nov 10, 2014

The objective of cost accounting is to minimize per unit production cost and to minimize the overall organizational costing system. The aims and objectives of cost accounting as follows:

* Cost Determination of Production

* Cost Control of Production

* Determining of Selling Price

* Profit Determination

* Budgeting and Planning

* Help to Management in Decision Making

* Collection of Cost Data and Analysis

* Project Evaluation

* Overall Costing Consideration

* Evaluation of Production Maintain Cost Valuation

These are some basic objectives of cost accounting :)

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