What Are the Different Methods of Determining Cost Basis?

Cost calculation method refers to a general term for various methods of calculating product costs in industrial enterprises. Costing methods are different in different types of production enterprises. The key to cost calculation is to clarify the object of cost calculation. Cost calculation is to calculate the total cost and unit cost of various products. In large-scale and large-scale simple production, it is generally required to calculate the cost according to the product type. This method is called the variety method. In large-scale and large-scale complex production, not only the cost is calculated according to the variety, but also the cost of the semi-finished product is calculated according to the steps. This method is called the step-by-step method. ^[1]