Cost Accounting Information And Price Determination

ABSTRACTThis study is designed to provide knowledge for costing information and price determination.The need for cost accounting came with increased industrialization, engineering an expansion in manufacturing.  It is therefore obvious that in efficient system of costing is essential for industrial control.In period of boom, manufacturers are able to show profit notwithstanding the leakage which pass unchecked, but in periods of trade competition concealed inefficiencies have to track down and rigorous control must be exercised to ensure even modest margin profit.There is not yet an agree…