Cost units - terms used in cost accounting, Cost Accounting

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Cost Units - Terms Used in Cost Accounting

It is the quantitative units of the service or product in relation to those costs are ascertained. The cost unit will be determined through the nature of the business enterprise. It might be as:

1. A service is given to the customer

2. A unit of production expressed like a relevant quantity

3. An individual job, contract or batch.

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