please help to comparative of financial accounting and cost account?

Answer 1

Financial accounting accounts for all of the activity of a business enterprise. All assets, liabilities and owner's equity.
Cost accounting is used to determine the fixed and variable costs of producing a product. This information helps to determine a unit cost that can be applied to a unit sales number which helps determine a break-even point of how many have to be sold to equal the costs to produce and how many above that number will add profit to the business. By knowing the unit cost broken down between fixed and variable costs you know how many need to be sold and at what price.