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Unit-level activity have costs that are incurred for every single unit that is produced. Batch-level activity have costs that are incurred for each batch that the company is going to produce, no matter if 3 or 30 units are being produced (e.g. setup costs). This is the explanation I received from my accounting professor at least.
What else can I help you with?
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
What is the difference between the direct method and indirect method?
The main difference between the direct method and the indirect method involves the cash flows from operating activities. Under the direct method, the cash flows from operating activities will include the amounts for lines such as cash from customers and cash paid to suppliers. In contrast, the indirect method will show net income followed by the adjustments needed to convert the total net income to the cash amount from operating activities.
What is the difference between consolidated and parent entities?
The main difference between consolidated and parent entities is that consolidated financial statements show the activities of the parent company and all of its subsidiaries. A stand alone, or parent financial statement, treats each subsidiary as a a separate entity.
What are the difference between cash budgeting and capital budgeting?
capital expenditure budget is a part of cash budget.cash budget involves managerial activities while capital expenditure budget involves day to day activities may be for long range or short range
What difference between cost and costing?
difference between cost and costing
Non economic activities and its examples?
What is the difference between economic and non economic activities.?
Difference between net income and gross income?
Gross income is the difference between revenue and direct expenses while net income is the income from all activities of business whether oprating activities or other activities.
What is the difference between economic systems and economic activities?
Distinguish between economics activities and economics system
What's the difference between legal and illegal activities?
Legal activities are actions that are allowed and approved by the law, while illegal activities are actions that are prohibited and punishable by law.
Is there a difference between male and female athletic activities?
It depends on the activities cause in pro basketball men can slam dunk but women can not, and so on.
What is the difference between legal and illegal activities?
Legal activities are actions that are allowed and regulated by the law, while illegal activities are actions that are prohibited by the law and can result in penalties or punishment.
What is the difference between value added and non-value added activities?
consumption of fixed capital
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
What is the Difference between extracurricular activities and hobbies?
Extra-curricular activities can be broadly defined as activities that are pursued formally, apart from your academic or curricular activity. For example, you could have participated in debates, dramatics or some sports along with your formal education. Hobbies, on the other hand, are activities you are really passionate about and will do anything to follow. In a nutshell, the difference between an extracurricular activity and a hobby is the level of passion involved
What's the difference between illegal and legal activities?
Illegal activities are actions that are against the law and can result in punishment by authorities. Legal activities, on the other hand, are actions that are allowed by the law and do not result in punishment.
Difference between primary secondary and tertiary activities?
Primary activities include all those connected with extraction and production of natural resource .eg. fishing , agriculture.
What is the difference between co-curricular and extra-curricular activities?
The primary difference between co-curricular and extracurricular activities relates to the topic and time spent on activities. Co-curricular activities take place in conjunction with an individual's normal daily activities while extracurricular activities take place in addition to a normal daily activity.
