For special requirements oI customers a method called Job Costing Cost is used where the work

is done according to the special requirements oI the customer. Whenever a request is received
Irom the customer responsibility to work and should be estimated. Analyzing these estimate
prices is quoted to the customer. Actual cost oI materials labor and overhead costs are collected
and the perIormance oI work, the actual costs are compared with the speciIied price and
thereIore the gain or loss is determined.
Job Costing is applicable in the press, equipment, shipbuilding, heavy machinery, Ioundry,
general civil engineering, machine tools, interior repairs and other similar activities.
Another kind oI costing which is variant is called Batch Costing. In the cost oI lot, many
parts Includes similar units that can be used as a unit to determine costs. In the case
oI costs batch manuIacturing records are kept separate Ior each batch oI products by
assigning a lot number. Unit cost oI a lot is determined by the total costs oI a party by the
number oI units produced in that Party.
Examples where this kind oI cost is implemented are pharmaceutical industry or
drugs, readymade garment industry, industry, manuIacture oI electronic components Ior radio
and television sets, etc.