Question

5) Unit Costing is also called as ​

Answer 1

Answer:

Unit costing is known as “output” or “single output” costing. Unit costing is followed by the concern, which produces a single product on large scale continuously. The cost units are identical costs.

Answer 2

Answer:

Unit costing is also known as the breakeven point.

Explanation:

To avoid losses, the company must sell the product at the minimum price is called the breakeven point. We can take an example that a product with a breakeven unit cost of $10 per unit must have to be sold for above that price. The amount above this price will be considered as company profit. The breakeven point is also the calculation of the unit cost of production.

Hence, the correct answer is the breakeven point.

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