Cost Accounting Information and Price Determination
Since the project is dealing with cost which is universally accepted as a measure of value, we shall not demarcate foreign related literature and local related literature as such. And since we are dealing with cost and its effects on pries, we shall review both not so in independently, that is, both cost and price are to be reviewed and analyzed concurrently where possible.
The study “cost Accounting information and price determination’ in a nutshell refer to cost information as an input data which management uses in its pricing policy decision. This task of providing cost information to management according to Allah R. Drabin in his book ‘Managerial accounting, an introduction “consist of the following. [Read more…]