Cost units - terms used in cost accounting, Cost Accounting

Assignment Help:

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.

Related Discussions:- Cost units - terms used in cost accounting

Match the item below by entering the appropriate code letter, Match the ite...

Match the items below by entering the appropriate code letter A. Controller B. Deficit C. Payout Ratio D. Stock Dividend E. Declaration Date F. Preemptive right G. Par Value H. L

Materials mix variance, M aterials mix variance : It can be described a...

M aterials mix variance : It can be described as that portion of direct material usage variance which is the variation between the actual quantities of ingredients used in a mi

Contemporary Management accounting issue, Hello, I am writing a report ab...

Hello, I am writing a report about a contemporary management accounting issue, and i can''t really seem to understand the guidelines well. What kind of topic can i use to write a

Zero based budgeting, Zero Based Budgeting It is referred to also lik...

Zero Based Budgeting It is referred to also like priority based budgeting. It is a cost advantage approach budgeting where it is assumed that the cost allowance is Zero for a

Qualities of accounting profession, explain any five qualities of accountin...

explain any five qualities of accounting profession

Calculate the following overhead variances, Planned ...

Planned Actual Production 92,000 units 87,000 units

Choice of budget flexing basis, Choice of Budget Flexing Basis The mo...

Choice of Budget Flexing Basis The most suitable flexing basis must be considered where it assists in the comparison of alternative budget data at the planning stage and for

Specific order costing, Specific Order Costing This is a broad costing...

Specific Order Costing This is a broad costing system that is applicable where work jobs consist of separate jobs, batches or contracts. Every job or contract or batch is a c

Calculate remuneration of employee of an organisation, Calculate Remunerati...

Calculate Remuneration of Employee of an Organisation Based on the data underneath that you are necessary to calculate the remuneration of all employee like determined with ea

Manufacturing, What are the reasons of preparing income statement?

What are the reasons of preparing income statement?

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages