• 1 Marks

MI – May 2015 – L1 – SA – Q1 – Costing Methods

Identify which option is not a costing method.

Which of the following is NOT a costing method?
A. Batch costing
B. Operation costing
C. Job costing
D. Standard costing
E. Service costing

Answer:
D. Standard costing

Explanation:
Standard costing is a cost control technique rather than a method for accumulating costs. The other options listed (Batch, Operation, Job, and Service costing) are all recognized methods for determining the cost of specific products or services in management accounting.

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