Industrial Microbiology:
Industrial microbiology is a significant branch of microbiology dealing with those regions of microbiology including economic aspects, where valuable products are made from cheaper, and frequently disposable, substrates. Hence, it has become possible for the industrial microbiologist to compete with industrial chemist. For illustration, fermentative production costs of all antibiotics are considerably less than the synthetic production costs of the similar. The industrial microbiology plays a main role in the transformation of substrate into a desired product through microbial activity. This is termed as bioconversion. In some situations, mass production of microbes is needed. The microbes helpful to the industrial procedure comprise fungi, bacteria, viruses, actinomycetes and yeasts. For fermentation industries special strains are isolated and generated from natural sources like water and soil.
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One of the significant functions of cost accounting is cost control and cost reduction. Cost control includes several actions taken in order to make sure that the cost do not rise across a specific level when cost reduction means decreasing the existing cost of production.
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Cost Audit Programmes - Inventory, Opening and closing stocks, Stores issue procedure, Work-in-progress, Labour, Capacity utilisation, Overheads.
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