Advantages and disadvantages of Job Costing

2.8.2 Advantages The following are the advantages of batch costing: 1) It ensures optimum capital investment 2) It ensures optimum cost of production per unit 3) It is very suitable to small sized industrial units 4) It enables…

2.7 Advantages and disadvantages of Job Costing 2.7.1 Advantages of Job Costing 1) Costs of jobs can be calculated in advance and this helps in quoting prices. 2) Different costs such as material, labour and overheads can be analyzed and…