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COSTING TECHNIQUES OF MANAGEMENT ACCOUNTING BY KIMBERLEY BROWNE Management Accounting PRIVATE & CONFIDENTIAL To: EGG Board of Directors Date: 19th January 2005 Author: Kimberley Browne, Stacey Tucker & Gemma Watts, Management Accountants. Subject: Costing Techniques Word Count: 1647 EXECUTIVE SUMMARY We have been looking at Egg a online financial services company, we have studied four costing techniques which are marginal costing, absorption costing and process costing and service costing. the most applicable costing technique to Egg is service costing as Egg is purely a service industry and has the main qualities of the service sector which are intangibility as Eggs services of insurance, savings accounts and loans has no physical form, simultaneity as the service that Egg provides is generated at the same time as it is consumed. Perishability as Eggs services cannot be produced in advance of demand and held in stock as they are intangible products .Heterogeneity...

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