Cost Units

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August 31, 2024 4 min read Definitions

Apportionment: Cost Distribution in Accounting

Accounting Finance Cost Apportionment Cost Allocation Cost Centers Cost Units Accounting Practices

Understanding cost apportionment, its importance in accounting, and its application in various contexts such as cost centers and cost units.

August 31, 2024 4 min read Definitions

Marginal Costing: An Effective Decision-Making Technique

Accounting Economics Marginal Costing Direct Costing Variable Costing Cost Units Fixed Costs

Marginal costing, also known as direct costing or variable costing, is a technique that charges only the marginal costs to cost units, treating fixed costs as a lump sum deduction. This method aids in internal reporting and decision-making processes.