Costing and Control of Administrative Homework Help
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What is Administrative Costing?
Also known as administrative overhead expenses, these are the indirect costs occurs during the processing of a business or project. The administrative functions are to look after implementation of business policies, leading the organization with plans, planning and controlling the operations etc. even the activities done by the board of directors and the stationary expenses and the secretary expenses comes under these indirect costs. In this article for Costing and control of administrative homework help we discuss the various aspects of administration department that causes such costs.
Contents of Administration Costs
As our Costing and control of administrative homework help article writers suggest there can be numerous costs occurring through administration. A few of them are listed below
• Rents and taxes of the building
• Maintenance of the departments and building
• Furniture and equipments
• Personal department expenses with audit fee etc.
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Measures to Control Administrative Overheads
The following measures listed in our Costing and control of administrative homework help article are widely used to overcome such expenses and reduce them to minimum.
1. Recording of achievement: division of administration into various parts like finance, public relations etc. and maintaining the record separately can lead to a clean tracking. Monthly record should be transferred to the management.
2. Budgeting: deciding a bundled finance strategy can be helpful to control the expenses. Costing and control of administrative homework help article writers say that budgeting department can either be internal or consultants can be availed.
3. Use of standards: standards for travelling expenses and internet bill and power bill are some methods that can reduce the cost and help the employee to use only what they require.
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