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2021-02-06T18:16:33Z

The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).

User: Created page with "'''Service-Based Costing''' is used when a service center within an organization charges its services to other parts of the business. By using se..."

2021-01-30T16:01:21Z

Created page with "'''Service-Based Costing''' is used when a service center within an organization charges its services to other parts of the business. By using se..."

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'''Service-Based Costing''' is used when a service center within an [[Organization|organization]] charges its services to other parts of the [[Business|business]]. By using service-based costing, "client" departments can decide upon the volume and quality of services that they want to receive, based on the [[Budget|budgeted price]]. Alternatively, they can decide to look elsewhere to obtain services for a lower price. This has the effect of putting downward pricing pressure on the service department, which must now compete with the prices offered by outside [[Service Provider|service providers]].<ref>Defining Service-Based Costing [https://www.accountingtools.com/articles/how-to-use-service-based-costing-in-budgets.html#:~:text=Service%2Dbased%20costing%20is%20used,other%20parts%20of%20the%20business.&text=By%20using%20service%2Dbased%20costing,based%20on%20the%20budgeted%20price. Accounting Tools]</ref>

← Older revision		Revision as of 18:16, 6 February 2021
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−	'''Service-Based Costing''' is used when a service center within an [[Organization\|organization]] charges its services to other parts of the [[Business\|business]]. By using service-based costing, "client" departments can decide upon the volume and quality of services that they want to receive, based on the [[Budget\|budgeted price]]. Alternatively, they can decide to look elsewhere to obtain services for a lower price. This has the effect of putting downward pricing pressure on the service department, which must now compete with the prices offered by outside [[Service Provider\|service providers]].<ref>Defining Service-Based Costing [https://www.accountingtools.com/articles/how-to-use-service-based-costing-in-budgets.html#:~:text=Service%2Dbased%20costing%20is%20used,other%20parts%20of%20the%20business.&text=By%20using%20service%2Dbased%20costing,based%20on%20the%20budgeted%20price. Accounting Tools]</ref>	+	'''[[Service]]-Based Costing''' is used when a service center within an [[Organization\|organization]] charges its services to other parts of the [[Business\|business]]. By using service-based costing, "client" departments can decide upon the volume and [[quality]] of services that they want to receive, based on the [[Budget\|budgeted price]]. Alternatively, they can decide to look elsewhere to obtain services for a lower [[price]]. This has the effect of putting downward [[pricing]] pressure on the service department, which must now compete with the prices offered by outside [[Service Provider\|service providers]].<ref>Defining Service-Based Costing [https://www.accountingtools.com/articles/how-to-use-service-based-costing-in-budgets.html#:~:text=Service%2Dbased%20costing%20is%20used,other%20parts%20of%20the%20business.&text=By%20using%20service%2Dbased%20costing,based%20on%20the%20budgeted%20price. Accounting Tools]</ref>

Service-Based Costing - Revision history

User: The LinkTitles extension automatically added links to existing pages (https://github.com/bovender/LinkTitles).

User: Created page with "'''Service-Based Costing''' is used when a service center within an organization charges its services to other parts of the business. By using se..."