Accumulating costs is the way that costs are measured and recorded.

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Accumulating costs is the process of measuring and recording costs. It involves collecting data on all relevant costs, such as direct materials, labor, overhead, and other indirect expenses, and organizing them into meaningful categories or cost pools. The accumulated costs are then used to calculate the total cost of production, the cost of goods sold, and other financial metrics that help managers make informed decisions about pricing, budgeting, and resource allocation.

Accumulating Costs Is the Way That Costs Are Measured and Recorded