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 2.44.
Operational Budgeting was ranked first by approximately 17% of the respondents; and Product & Service Costing was ranked first by almost 15% of the respondents.
Some 45% of the financial executives considered Product & Service Costing as either the first, second, or third most important knowledge/skills area.

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