service costing

service costing

a special application of PROCESS COSTING used where services are supplied, eg, computer services, management consulting.
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Worst among the mail-order firms was Truprint which got 60 per cent for its seven-day service costing pounds 2.
While many have begun implementing a requestable service catalog in order to productize and define what IT delivers, they have run into challenges when it comes to understanding service costing and pricing, predicting and controlling IT demand, and tracking and collecting the metrics they need in order to improve customer satisfaction.

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