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Class 12 (COSTING FEATURES (Market class based (creates social impact…
Class 12
COSTING FEATURES
Input based costing
Market class based
creates social impact
MARIA B 1 suit=26,000
26,000 * 1,000=26,00,000
When costing sells into market,
Consumer didn't offered input cost
HIGH COST, HIGH QUALITY
COMPETITION
On Price
PAKISTAN
On Quality
AMERICA
SANA SAFINAZ launch TOP 10 Brand
1 suit 5,00,000
Before buy the suit, they will conduct an interview of customer
COMPARISON
Quality features of product
Price of product
In every girl, VITAMIN "D" is defficient
2 solutions
Milk
Sun Bath
In 2.5 years VITAMIN "D" is efficient
BEST PRESENTATION
Priority of hotels
good crockery
best cup
UNIQUE FEATURES OF MY PRODUCT
1,00,000*10%=10,000
5,000 give to IMAM of masjid
5,000 give to those childrens who r out of school
SOCIAL COSTING
positive or negative
When profit add into costing it will become price
When we earn 10% profit so it is called "WELFARE PRODUCT"
My product will create "WELFARE" not "DISCRIMINATION"
Product cost + Profit + Taxation
Costing convert into Pricing
What will I do with PROFIT?