RE: SLC | S21W3 | Costs for entrepreneurs - Costing methods.

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SLC | S21W3 | Costs for entrepreneurs - Costing methods.

in hive-139765 •  3 days ago 

Greetings @simonnwigwe

One of the first rules, is that the posts must be made on your blog and not in any community.

The posts should be published in your blog and not in any community.

1.- You have explained very well the definition of costing methods, explaining some of them highlighting their importance, highlighting that these are a set of specific procedures used to determine a cost.

2.- You have pointed out the difference between job order costing and process costing, indicating the specific differences in them and how both are linked to the way of production.

3.- You have explained two other types of costing such as p-costing and contract costing. Very well explained the methodology used by these methods, their characteristics and examples.

4.- You have provided the cost calculation of the production of cakes, according to the work order method. The calculations made are in line with what was explained in class.

Below I share the evaluation summary.

DescriptionEvaluation
Quality2.5/3
Compliance with rules2.5/3
Presentation2/2
Originality1.5/2
Plagiarism free
Human/AIHuman
Total8.5

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The posts should be published in your blog and not in any community.

The network was bad and I posted Twice but ended up seeing it in the community instead of my blog so I just left it.