Why do accountants normally calculate cost per unit as an average?
a) Some costs are initially recorded as expenses while others are initially recorded as assets.
b) Expenses are incurred when assets are used to generate revenue.
c) Manufacturing-related costs are initially recorded as expenses.
d) Non-manufacturing costs should be expensed in the period in which they are incurred.

Question

11-07-2024
Business

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Why do accountants normally calculate cost per unit as an average?
a) Some costs are initially recorded as expenses while others are initially recorded as assets.
b) Expenses are incurred when assets are used to generate revenue.
c) Manufacturing-related costs are initially recorded as expenses.
d) Non-manufacturing costs should be expensed in the period in which they are incurred.

Sagot :

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