If unit-costing is used to assess productivity, can we still use productivity benchmarks or standards? 300...

If unit-costing is used to assess productivity, can we still use productivity benchmarks or standards? 300 words

Expert Solution

This unit costing is also known as single costing. It is used in those industries where a single or only a few grades of similar articles are manufactured. For eg. paper, cement, bricks, coal, etc. Unit or output costing is an important method of costing through which cost per unit is ascertained. The cost per unit of an article is obtained by dividing the total production cost by the number of units manufactured during a given period of time.unit costing is used to know the productivity.

but for that we have to follow the costing standards While performance standards establish the expected “quality” of the workto be done, productivity standards determine the acceptability “quantity” ofwork to be done by department employees.An executive housekeeper begins to establish productivity standards byanswering the question.How long should it take for a housekeeping employee to perform anassigned task according to the department’s performance standard?

ekkarill92 answered 2 years ago

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