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costing
Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making.
Hello,
Our landlord recently installed a PulsaCoil ST 180 water heater into our flat and we were told it would be much cheaper for us to run.
However, our smart meter is showing that we are spending over £3 a night heating it (nothing else is on). We are on Economy 7 and our night rate is...
Been asked to cost the running a number of motors . Was going two amp test each phase and multiple by line neutral voltage to get kWh . Is this correct .ta
I have been asked to test my friends renovated property, fully rewired, and said i'd do it for £100. He is a qualified spark but i did check his 1st fix work to verify his workmanship and all seemed ok to me. It has if i remember - 3 rings, 2 lighting circuits, cooker, smoke alarms, 2nd small...
Hi all I was hoping I could get some help I am looking for a professionaly looking quation template to give to my customers also I am wondering if anyone also has a simple job estimating spreadsheet that they could send me..... I am not a sparky we are starting our own construction company but I...
Hello, im looking starting my own electrical business, PAT Testing, re-wires etc. So went to the bank yesterday to start a business account up and they wanted rough estimates of how much income i would have, but i dont have a clue what the going rate is for the different electrical jobs out...
Hello all,
I have done a few rewires and also some new installation work in extensions etc.
what I was wondering is how you chaps price for work. I have heared various ways of pricing from comuch per socket, X £'s per circuit etc. Also if you give a price of say £3000 for a rewire and you...
Ross Trician
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