is cost of unit where only one characteristics is used to measurement of cost
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The cost unit, which uses only one single parameter for measurement of the service cost, is termed as a simple cost unit.
Step-by-step explanation:
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The answer is simple cost unit:
Step-by-step explanation:
- A simple cost unit is a cost unit that employs only one single parameter to measure the cost of a service.
- The commodities manufactured are measured using a single standard or unit of measurement.
- The cost unit, also known as the cost per unit, cost of goods sold, or cost of sales,
- is the amount of money spent by a corporation to produce a single unit of a saleable product.
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