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RE: SLC | S21W3 || Costs for entrepreneurs - Costing methods

in #costs-s21w317 hours ago

Greetings @neelofar

1.- You have explained very well the definition of costing methods, explaining some of them highlighting their importance, emphasizing that they are a set of specific procedures used to determine a cost.

2.- You have explained some of the aspects that differentiate 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 standard costing, indicating their main characteristics and how their implementation is useful. .

4.- You have provided the cost calculation of the production of cakes, according to the work order method. The calculations made are in accordance with what was explained in class.

Below I share the evaluation summary.

DescriptionEvaluation
Quality2.5/3
Compliance with rules3/3
Presentation2/2
Originality1.4/2
Plagiarism free
Human/AIHuman
Total8.9

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