Unit or Output costing

Subject: Principles of Accounting

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Concept and Importance of unit costing and Components of cost sheet

Notes

Concept, Importance & Components of Unit costing

Unit or output costing is an important method of costing through which cost per unit is ascertained. The cost per unit of an article is obtained by dividing the total production cost by the number of units manufactured during a given period of time.It provides the necessary cost information to the management. Learn More

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