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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.
Objectives of Budgetary Planning 1) Coordination The budgetary process needs that visible detailed budgets are developed to cover every activity, function or department
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Calculate the β of Maine Corporation from the following data. The prices are at the beginning and at the end of each year Normal 0 false false
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please concept clear me cost accounting for example, we manufacturing any product
A fixed cost is a cost which can't be easily identified or related to a cost per unit or activity of any kind for example a cost which remains constant when production of a service
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