Difference between revisions of "Common cost"
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Latest revision as of 18:55, 9 July 2020
Common cost is cost of operating a facility, activity, or like cost object that is shared by two or more users.
Definitions
According to Cost Accounting by Horngren, Datar, Rajan (14th edition),
- Common cost. Cost of operating a facility, activity, or like cost object that is shared by two or more users.
