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What is per unit costing?

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Anonymous

16y ago
Updated: 9/17/2019

Variable cost per unit= Total Variable costs($ amount) divided by Production units

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Grace Brekke

Lvl 10
3y ago

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What is a cost unit in cost accounting?

Cost unit is a unit of production, service or time or combination of these, in relation to which costs may be ascertained or expressed. Ex: Toy making: Batch costing, unit of cost: per batch (ex: $500 per batch) Advertising: Job Costing, unit of cost: per Job Hospital: Operating costing, unit of cost: per patient day


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What is the costing formula for each unit?

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What is unit or output costing?

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What is a potential advantage of variable costing relative to absorption costing?

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What are Features of batch costing?

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