Question

a unit in which cost can be allocated is known as?? pls​

Answer 1

Answer:

its known as a unit of cost or cost unit

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Answer 2

A unit in which cost can be allocated is known as cost allocation of cost assignment

Explanation:

• Cost allocation is the process of identifying, collecting, and assigning costs to costs objects such as departments, products, programs, or a branch of a company.
• The costs can be either direct costs which relate to a specific product or service or indirect costs are not connected or related to a specific cost of any object or function
• The indirect costs can be divided into variable costs and fixed costs and it can be used defining the number of units or revenue needed for covering the total costs

To know more about Cost allocation

Difference between cost allocation, cost aportionment and absorb cost

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