Accumulating cost information on a per-unit basis is useful for making management decisions in companies such as:

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Quizplus · Accepted Answer

Accumulating cost information on a per-unit basis is useful across various types of organizations, including manufacturers (for understanding production costs), hospitals (for understanding the cost of patient care per day or per procedure), and insurance companies (for understanding the cost of underwriting or claims per policy). This information helps in making informed management decisions regarding pricing, budgeting, and efficiency improvements.

Accumulating Cost Information on a Per-Unit Basis Is Useful for Making