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Expense Side of Statement of Profit and Loss

Boiler house ...

Question

Boiler house costing is an example of ___________ costing.

A

Operation

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B

Process

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C

Service

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D

None of the above

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Solution

The correct option is C Service
Service cost is defined as the cost of a service department. Service costing is used in service organization like canteen, transportation , boiler house etc.

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