{"id":11232,"date":"2023-05-30T18:44:10","date_gmt":"2023-05-30T13:14:10","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=11232"},"modified":"2023-05-31T16:24:32","modified_gmt":"2023-05-31T10:54:32","slug":"cost-accounting","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/","title":{"rendered":"Cost Accounting: Meaning, Types &#038; Examples"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e7c01ba7d33\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e7c01ba7d33\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#What_is_Cost_Accounting\" >What is Cost Accounting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Cost_Accounting_vs_Financial_Accounting\" >Cost Accounting vs Financial Accounting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Types_of_Costs_in_Cost_Accounting\" >Types of Costs in Cost Accounting<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Fixed_Costs\" >Fixed Costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Variable_Costs\" >Variable Costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Direct_Costs\" >Direct Costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Operating_Costs\" >Operating Costs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Types_of_Cost_Accounting\" >Types of Cost Accounting<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Standard_Costing\" >Standard Costing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Activity-Based_Costing\" >Activity-Based Costing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Cost-Volume-Profit_Analysis\" >Cost-Volume-Profit Analysis<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Objectives_of_Cost_Accounting\" >Objectives of Cost Accounting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#Improving_Business_Costs\" >Improving Business Costs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#How_does_cost_accounting_differ_from_financial_accounting\" >How does cost accounting differ from financial accounting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#What_are_the_key_methods_used_in_cost_accounting\" >What are the key methods used in cost accounting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/cost-accounting\/#How_does_cost_accounting_help_in_decision_making\" >How does cost accounting help in decision making?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Cost_Accounting\"><\/span><b>What is Cost Accounting<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Cost accounting is a form of managerial accounting that analyses how much money is being used in production.\u00a0<\/span>It analyses the different kinds of costs that a business incurs for ways to make production as cost-efficient as possible.<\/p>\n<p>The objective of cost accounting is to provide management with information that can be used for decision-making, cost control, and performance evaluation.<\/p>\n<div class=\"group w-full text-gray-800 dark:text-gray-100 border-b border-black\/10 dark:border-gray-900\/50 bg-gray-50 dark:bg-[#444654]\">\n<div class=\"text-base gap-4 md:gap-6 md:max-w-2xl lg:max-w-2xl xl:max-w-3xl p-4 md:py-6 flex lg:px-0 m-auto\">\n<div class=\"relative flex w-[calc(100%-50px)] flex-col gap-1 md:gap-3 lg:w-[calc(100%-115px)]\">\n<div class=\"flex flex-grow flex-col gap-3\">\n<div class=\"min-h-[20px] flex flex-col items-start gap-4 whitespace-pre-wrap\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>By providing accurate information on the cost of production and operations, cost accounting helps businesses optimize their resources, improve profitability, and stay competitive in the market. Cost accounting plays a critical role in ensuring the financial health and success of a company.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Cost_Accounting_vs_Financial_Accounting\"><\/span><b>Cost Accounting vs Financial Accounting<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To further understand what cost accounting is, we must first differentiate it from the kind of accounting that we are familiar with: financial accounting.\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Cost Accounting<\/b><\/td>\n<td><b>Financial Accounting<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Used and seen by management or executives within the company\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Used and seen by external stakeholders like investors or creditors<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">The focus is on budgeting and cost-control programs<\/span><\/td>\n<td><span style=\"font-weight: 400;\">The focus is on presenting the business\u2019s financial position<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Does not adhere to any accounting standards or practices<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Must adhere to the accounting standards and formats like IFRS or GAAP<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Information is recorded in order of needs of management<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Information is recorded in order of type of transaction<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Costs_in_Cost_Accounting\"><\/span><b>Types of Costs in Cost Accounting<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Cost accountants and analysts take into account different kinds of costs in their calculations.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fixed_Costs\"><\/span><span style=\"font-weight: 400;\">Fixed Costs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Fixed costs are those which remain constant month after month.<\/span> These costs remain the same, regardless of whether the company produces more or less of a product or service. Some examples of fixed costs include rent, salaries, property taxes, insurance, and depreciation of fixed assets.<\/p>\n<p>For example, suppose a company has a fixed rent of Rs 50,000 per month for its office space. In this case, the rent expense remains constant, even if the company increases or decreases its production or sales volume. Similarly, if a company pays a fixed salary of Rs 60,000 per year to an employee, the salary expense will remain constant, regardless of the level of production or sales volume.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Variable_Costs\"><\/span><span style=\"font-weight: 400;\">Variable Costs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">These costs change according to the activity level of the business. If the business sells more in a certain period, these costs are likely to also change. <\/span>Variable costs are typically associated with the production of a product or service, such as raw materials, labor, and utilities.<\/p>\n<p>For example, if a company produces 100 units of a product, the cost of raw materials required to produce those units will be higher than if the company produces 50 units. Similarly, if a company increases its production volume, it will need to hire more labor, which will increase the labor cost.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Direct_Costs\"><\/span><span style=\"font-weight: 400;\">Direct Costs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Direct costs are those which can be attributed directly to the production of a good or service. <\/span>Examples of direct costs include direct materials, direct labor, and other direct expenses directly related to the production of a specific product or service.<\/p>\n<p>Direct materials are raw materials that are used in the production process, such as the cost of wood for a furniture manufacturer. Direct labor is the cost of the labor required to produce a specific product or service, such as the salary of a factory worker who assembles furniture.<\/p>\n<p>Direct costs are also used to calculate the cost of goods sold (COGS), which is a critical metric for many businesses to determine their gross profit margins.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Operating_Costs\"><\/span><span style=\"font-weight: 400;\">Operating Costs<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Somewhat similar to direct costs, operating costs are all those relating to the daily operations of the business. While direct costs are those only related to the production of goods and services, operating costs are those relating to how the business functions on a daily basis. This could include salaries paid to employees and labor costs.<\/span><\/p>\n<p>Direct costs are directly related to the production of a specific product or service. Instead, operating costs are more general and apply to the overall operations of the business. For example, rent is an operating cost that applies to the business as a whole, while direct materials are a direct cost that applies only to the production of a specific product.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Cost_Accounting\"><\/span><b>Types of Cost Accounting<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Since cost accounting doesn\u2019t follow any format or procedure, it has different types depending on the requirements of internal management.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Standard_Costing\"><\/span><span style=\"font-weight: 400;\">Standard Costing<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">In this form of cost accounting, accountants calculate the difference between the \u201cstandard cost\u201d of producing goods vs the \u201cactual cost\u201d of producing goods.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The assumption here is that there is an<strong> ideal cost<\/strong> to producing goods \u2013 that is as cost-effective as possible. Accountants and analysts do a variance analysis to determine the difference between this ideal cost and the actual cost that was incurred.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the actual costs were <\/span><i><span style=\"font-weight: 400;\">more <\/span><\/i><span style=\"font-weight: 400;\">than the ideal or standard cost, the variance analysis is unfavorable. On the other hand, if the actual costs were <\/span><i><span style=\"font-weight: 400;\">less <\/span><\/i><span style=\"font-weight: 400;\">than the standard costs, the variance analysis is favorable.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Activity-Based_Costing\"><\/span><span style=\"font-weight: 400;\">Activity-Based Costing<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Activity-Based Costing, commonly called ABC, assigns a certain amount of money to each activity that the business undertakes. A thorough analysis of the kind of activity and the resources it requires is undertaken, and costs are appropriately allocated.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, a bakery might allocate more money towards the overhead costs of machinery like ovens and mixers, while a construction business might allocate more money towards labor and manpower.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ABC gives cost accountants a good idea of how much money is being spent and on what.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cost-Volume-Profit_Analysis\"><\/span><span style=\"font-weight: 400;\">Cost-Volume-Profit Analysis<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Marginal costing, also called cost-volume-profit analysis is used to understand how a decision will change the way cost affects profit.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11240\" src=\"https:\/\/d6xcmfyh68wv8.cloudfront.net\/blog-content\/uploads\/2023\/01\/cost-accounting-graphic-1.png\" alt=\"\" width=\"533\" height=\"315\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/cost-accounting-graphic-1.png 865w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/cost-accounting-graphic-1-300x177.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/cost-accounting-graphic-1-768x454.png 768w\" sizes=\"auto, (max-width: 533px) 100vw, 533px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">In this kind of cost accounting, the analyst or accountant calculates the breakeven point \u2013 which is the point at which expenses equal revenue. For example, if a bakery earns Rs 70,000 as revenue in a certain month, breakeven is achieved when its expenses are also Rs 70,000 for that month.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Businesses use this analysis to understand how much sales are needed to break into profit.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Objectives_of_Cost_Accounting\"><\/span>Objectives of Cost Accounting<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The primary objective of cost accounting is to determine the most efficient cost of production or services. By collecting, analysing and recording costs within a company, cost accountants help make informed decisions about pricing, profitability and cost control.<\/p>\n<p>Controlling costs is a very important way to improve bottom-line numbers and optimize resource utilization. Cost accounting identifies areas of excessive expenditure and helps with measures to reduce or eliminate them.<\/p>\n<p>Another objective of cost accounting is to facilitate planning and budgeting. Cost accountants can estimate and forecast the costs for a period of time based on past trends and projected activities. In this way, the management can set targets, allocate resources and monitor performance against these planned costs.<\/p>\n<p>By comparing actual costs with standard costs or budgets, cost accounting enables performance analysis and identifies areas of improvement.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Improving_Business_Costs\"><\/span>Improving Business Costs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ensuring that production is as cost-effective as possible is one of the highest priorities for every business founder. It is important that your business has the best financial support possible.<\/p>\n<p><span style=\"font-weight: 400;\">RazorpayX offers a suite of business banking solutions that will transform the way you manage your money.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Open current accounts, schedule payments, pay vendors and check invoices from our super-smart dashboard<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fill the gap between advanced banking solutions and finance professionals<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Automate salary payments and provide insurance policies to employees<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">And so much more.\u00a0<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/razorpay.com\/x\/?r=blog_cta_business_banking_cost_accounting&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Explore RazorpayX<\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div><div id=\"rank-math-rich-snippet-wrapper\"><div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How_does_cost_accounting_differ_from_financial_accounting\"><\/span>How does cost accounting differ from financial accounting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Financial accounting focuses on recording, summarizing, and reporting financial transactions for external stakeholders, cost accounting focuses on internal cost-related information for decision making, control, and planning. <\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-2\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_the_key_methods_used_in_cost_accounting\"><\/span>What are the key methods used in cost accounting?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Cost accounting utilizes various methods to ascertain costs and analyze cost behavior. Some key methods include job costing, process costing, activity-based costing (ABC), standard costing, and marginal costing. J<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-3\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"How_does_cost_accounting_help_in_decision_making\"><\/span>How does cost accounting help in decision making?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Cost accounting plays a vital role in decision making by providing relevant cost information. It helps in evaluating the profitability and feasibility of different options, such as pricing decisions, product mix decisions, make or buy decisions, and investment decisions. <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Cost Accounting Cost accounting is a form of managerial accounting that analyses how much money is being used in production.\u00a0It analyses the different kinds of costs that a business incurs for ways to make production as cost-efficient as possible. The objective of cost accounting is to provide management with information that can be<\/p>\n","protected":false},"author":106,"featured_media":11485,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[420],"class_list":{"0":"post-11232","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking","8":"tag-cost-accounting"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=11232"}],"version-history":[{"count":0,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11232\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/11485"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=11232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=11232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=11232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}