Q139
A cost unit is ________.
A.
the cost per machine hour
B.
the cost per labour hour
C.
a unit of production or service in relation to which costs are ascertained
AnswerD.
a measure of work output in a standard hour
Answer: Option C
Solution
Answer: Option C
Solution:
A cost unit is a unit of production or service in relation to which costs are ascertained. A cost unit refers to the unit of quantity of product, service or time (or combination of these) in relation to which costs may be ascertained or expressed.