Distinction between Job Cost and Contract Cost
Distinction between Job Cost and Contract Cost: Job costing and contract costing both are the methods of costing and used when we receive specific order for performing any…
Business
Definition of Job Costing
Definition of Job Costing : Job Costing is method of costing in which we calculate the cost of each job. Job here means a small…
Definition of Overhead
Definition of Overhead: In business accounting, overhead is general operating expenses, including such items as heat and electricity for the premises, that have no direct…
Objective of Labour Cost Control
Objective of Labour Cost Control: The purpose of labour cost control is to provide a comparison of an actual cost with a standard cost in…
Job Evaluation
Definition Job Evaluation: Job Evaluation is the process of objectively determining the relative worth of jobs within an organization. It involves a systematic study and analysis…
Concept of Labour Cost
Definition: The cost of wages paid to workers during an accounting period on daily, weekly, monthly, or job basis, plus payroll and related taxes and benefits . Labour cost means all amount which direct or indirect is given to labourer or…
ABC Analysis
ABC Analysis: ABC Analysis is the basis for material management processes and helps define how stock is managed. It can form the basis of various activity including…
Methods of Costing
Methods of Costing: We know that costing is the system of calculating the cost. In the system of costing, we use different methods of costing. Any method…
Definition of Cost Accounting
Definition of Cost Accounting: Cost accounting is a process of collecting, analyzing, summarizing and evaluating various alternative courses of action. Its goal is to advise the…
Peoples Perspective Regarding Bangladesh for Marketing
The perception of people about Bangladesh: Bangladesh is a kind of creating imagery in people’s mind. As Kevin lane Keller said that brand knowledge has…
Marketing Strategy of Airtel Bangladesh Limited
Marketing Policy: a. Customer Segmentation Individual businessman, entrepreneur professionals and established organizations are the main customers of Airtel. They have also a target to take…
Credit Management Procedure of Prime Bank Limited
PREFASE After liberation of Bangladesh in December 1971, it inherited an undiversified and undeveloped financial system. Out of historic necessity, government nationalized and reorganized all…
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