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Welcome to Cost Accounting Operating Costing. Operating Costing is a method of ascertaining cost of providing or operating a service. This costing method is used by entities which provides services rather than the entities engaged in production activities.
The focus of Operating Costing is to arrive is ascertainment of Cost of Services. This costing method is usually made use by -Transport Companies;
-Gas and Works Departments;
-Electricity Supplies Companies;
-Canteens;
-Hospitals;
-Theatres;
-Schools, etc.