Contract Costing Flashcards
1
Q
What is contract costing?
A
The aggregate costs of a single contract
2
Q
What are the 2 types of construction contracts?
A
Fixed price
Cost plus contracts
Cost and Management Accounting > Contract Costing > Flashcards
What is contract costing?
The aggregate costs of a single contract
What are the 2 types of construction contracts?
Fixed price
Cost plus contracts