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Words: 1,647 | Submitted: Sat Dec 15 2007
... absorption costing but these types of costing may be more suitable to a company that produces tangible products, as its difficult to identify separate cost centres. Finally Egg doesn't really apply to process costing as its normally associated with manufacturing companies that produce mass identical items and Egg is a service company that produces services to individual needs and demands. 1. INTRODUCTION We have prepared the following report for you discussing the costing techniques that apply to Egg. Egg is 'an online financial services provider, launched in 1998, with the aim of helping customers understand and manage their money more effectively. (http://new.Egg.com/visitor/0,,3_11212--View_1075,00.html.)' All services are dealt with via the internet. Their services include: Mortgages, savings and current accounts, loans, credit cards, insurance and help and advice with investments. The costing techniques we have applied to Egg include marginal costing, absorption costing, process costing, joint and by-products costing, and service costing. ...
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