Hi guys in this blog let's see the different between cost control and reduction. Cost to control that presence of made towards achieving target or Gold it is a process of setting up target after 10 and actual performance and compare it with the target investigate the variants and take remedial measures this assumes the existence of standard for nouns which are not challenged preventive function comes under cost control its achieved through complicants with standard lack of dynamism quality of the product is not guaranteed saving either total cost or cost either total cost or cost for unit cost reduction represents the achievement in production of cost it is not conserve with maintenance of performance according to standard it as you say existence of concealed potential saving in standard or non which are therefore subject constant challenging with a view to improvement by bringing out saving it is a correct or function it can be acute by way of continuous process of critical examination dynamic approach quality of the product remains and a factor saving and cost for unit material cost labour expense classification replacement, managerial, differential opportunity replacement to the 11th inputed, sunk normal and abnormal avoidable and annavoidable uniform, engineer, out of pocket, managed, common, control and non-controllable, batch, process, operation, operating cost, contract, joint, by product historical, predetermined, standard, estimated, marginal, standard, budgetary, uniform. 
And item of material is considered as direct if its satisfy direct relationship with finished product such relationship is capable of being quantified example each unit of output request 2 kg of raw materials and 4 kg of raw material such quanttification achieves control purpose those material cost which do not satisfy the above criteria is treated as an indirect material techniques of material cost control purchase procedure material accounting procedure setting of various stock level economic ordering quantity ABC analysis to be system s location and layout use of perfectual inventory records and continuous stock verification physical stock verification physical stock verification review of slow moving and non moving stock accounting for landed cost wastage and scrap control budgetary control ratio analysis the size of an order for which both ordering and carrying cost or minimum known as economic ordering quantity refers to quantity to be purchase to every time so ask to minimise the total of two types of cost associated with purchase. Thank you tata see you all with another blog soon.