Questions:
1. What is ‘operating costing'? Explain the important features of Operating costing.
a. Define the concept ‘operating costing'. Mention at least ten activities where operating costing is applicable.
b. Describe the process of cost classification involved in operating costing.
c. Draw a ‘Pro-forma Cost Sheet for a Power House Company showing distinctly the productioncost and generation cost.
d. What is ‘Hospital Costing'? Explain the salient features of the same.
e. Which unit of cost you will utilize for a goods transport company? Explain with illustrations.
f. Explain the features of ‘Canteen Costing'.