Service costing is that part of operation costing which is used in all organisation who provide services instead of producing of goods. For calculating the price of each service, it is very necessary to collect all the expenses relating to that services. We make a cost sheet in which we show all the cost relating to specific service. These costs are calculated on the time basis. Following are the main organisations who provide services
1. Bus, Trucks and Rail - Transport services
2. Hosting and Domain - IT Services
3. Electricity Companies - Electricity services
5. Gas and Petrol Companies - Gas and Petrol services
Service Costing Examples
1. Salary
2. Insurance
3. Road Tax
4. Licence Fees
5. Interest on Capital
6. Repairs
7. Depreciation
8. Petrol Expenses
9. IT Service Related Cost
{*All companies who provide IT services must have to pay the expenses relating to IT services. Main examples are hosting and domain cost, cost of data server and other storage and power costs. }
1. Bus, Trucks and Rail - Transport services
2. Hosting and Domain - IT Services
3. Electricity Companies - Electricity services
5. Gas and Petrol Companies - Gas and Petrol services
Service Costing Examples
1. Salary
2. Insurance
3. Road Tax
4. Licence Fees
5. Interest on Capital
6. Repairs
7. Depreciation
8. Petrol Expenses
9. IT Service Related Cost
{*All companies who provide IT services must have to pay the expenses relating to IT services. Main examples are hosting and domain cost, cost of data server and other storage and power costs. }
