relating to activities that is essential in term of a business in current period. It is possible with that managers would provide to be use in effective and productive way the resources consumed to perform activities and perform activities. 8.5. Costs and cost management in beekeeping Beekeeping is a business that it has different features. Cost management are directly related with the business of industry. The experience from the industry is not possible for the beekeeping. Notwithstanding, cost management can principally implement for every business, including beekeeping. Beekeepers can benefit from cost management practices and require to know them. Costs and cost classifications Cost are a measure of the resources consumed to provide a product or service. A beekeeper have to also compute costs on a total or on a per unit basis such as every organization. Total costs represent the aggregate resources consumed by the a product, a work area or an acyivity. Total costs are generally summarized by major cost categories (e.g., labor, material, and facility costs) or by functional areas (e.g., manufacturing, sales, management). A unit cost is the cost of one unit of measure of a product or service. The unit cost is simply the average cost, which is the total costs divided by the total volume in units. Unit of measure is important and should identify the output of organization in a meaningful manner- for example, units of products, units of beehive, units of honey or polen. The unit costs are useful to measure productivity or detect significant cost trends. Costs must be classified according to the purpose for which they will be used –for decision-making purposes.
260