in automobile industry cost unit is a
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It is a unit of product in relation to which costs may be ascertained or expressed. In the automobile industry, a cost unit is number of automobiles.
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In the automobile industry cost unit is automobile quality.
- Cost unit also learned as the cost per unit, the cost of goods sold or the cost of sales, is the amount of money that a company provides in generating a single unit of a saleable commodity. The cost of unit estimation arises in the company's economic statement.
- A cost unit is distinguished as “a unit of quantity of commodity, service, or time about which costs may be ascertained or expressed.” In other words, a cost unit is a basic or unit of distribution of the goods manufactured or services provided.
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