A cost center is a division of an organization or company that DOES NOT directly contribute to the company's profits. However, cost centers do have an indirect effect of profits. Examples would be a marketing department, customer service help desk, or research and development.
examples of cost centers in hotels
if Edhi is cost centre than the cost unit for this organization will be the affected people who need the service.
Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center
Explain cost center in the context of cost accounting
cost centre
Give me an example of a cost center, a profit center, and an investment center for FedEx?
examples of cost centers in hotels
center
if Edhi is cost centre than the cost unit for this organization will be the affected people who need the service.
Shadow cost centers provide detailed reports for cost center departments, division, and extensions.Shadow cost centers provide detailed reports for cost center departments, division, and extensions.Exist as budgets on paper only. For example, rent and utilities and depreciation of plant and equipment are large-budget items for any organization.
Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center
Explain cost center in the context of cost accounting
cost centre
The sun was the center of the universe is an example of:
mobile could be a cost center
To monitor,and make accountable, the management team for that Cost/Profit/Investment center.
Cost Center: it is that department of a company whose manager is responsible for cost spending only like production department.Revenue Center: it is that department whose manager is only responsible for revenue for example sales department.Profit Center: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".