Overview of Cost and Management Accounting

Costing - Phase (I & II)

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Cost unit in an educational institution is

Non teacher staff

Student

Number of departments

Teacher

None of these

Explanation:

Cost unit refers to Unit of quantity of product, service or time in relation to which costs may be ascertained or expressed. It refers to any measurable unit of product or service, with respect to which, costs are assessed. In educational institution, the cost unit may be students.

By: Vikas Goyal

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