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Hello all,

Can any one give me a brief picture of Detailed Planning and Unit costing...

is detailed planning is used more commonly or unit coasting

which one is best....or it purely depends on the criteria....

Thanx in Advance

Preeti.P.G

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  • author's profile photo Former Member
    Former Member
    Posted on Apr 14, 2008 at 06:24 AM

    Hi,

    There is no pre-defined logic for selecting Costing methods such as Unit Costing / Detail Planning. Based on business requirment, the method will be decided. Whenever there is no details available Cost Planning through Detail planning is used whereas if all required infromations for Costings such as materials, accitivity types etc are available then we can go for Unit Costing.

    Unit Costing is more systematic which will give complete details of Cositng with item category such as materials, internal processing etc.

    Hope this will clarify you.

    Best Regards,

    Rakesh Pradhan

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