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What is meant by cost unit?
Cost unit is that department in company which causes the cost to allocate the product like manufacturing department, administration department etc.
What is cost center in cost accounting?
Cost centre is that department or that area due to which company has to incur and that cost is included in product cost, So production department is a cost centre because all costs are incurred due to production of volume of product while selling department is called revenue department because due to this department revenue is actually generated.
On average, how much do used mobile food trucks cost?
A single mobile food truck may cost you more than $40,000. The reason it is that expensive is because it is refurbished to meet health department specifications.
What is difference between cost center profit 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".
What is more expensive single family homes or mobile manufactured homes?
The cost of single-family homes and mobile homes is perhaps the greatest difference between the two. Even if you purchase land with a mobile home, in almost all cases, the single-family home will cost more possibly, much more. Because the majority of mobile and manufactured homes sit on leased or rented land, the cost of single-family homes is usually much greater than mobile homes.
Functions of cost department?
The functions of the cost department are quite diverse. The main functions include budgeting, bookkeeping, reconciliation of accounts, cost reviews and so much more.
Example of imputed cost?
Charging the cost of using fully depreciated machinery to the cost unit
How much does it cost for a single swipe of a MetroCard?
The cost of a single swipe of a MetroCard is 2.75.
Advantage of reject film analysis in x-ray department?
reduce department cost
What is cost absorption in cost accounting?
Simply: allocation of cost to a cost centrehttp://www.answers.com/topic/cost-absorption:Allocation of cost to a product, process, or department using a rational allocation basis. For example, rent expense can be allocated to a department based on square footage.
What is difference between cost center and profit center?
Cost Centre: It is that department in factory where all costs are pooled or costs are allocated. Profit Centre: Is is that department where only profit is pooled like sales department.
What is the difference between a cost center and profit center?
cost centre = the department which activities cash disbursement profit centre = the department which activities making cash
