Abstract
Continuous-operation costing is a system of costing applied to industries where the method of production is in continuous operation — for example, electricity generation and bottling. This costing system is essentially a form of average costing, which is a method of obtaining unit costs in which the items produced have a high degree of homogeneity. The unit cost is obtained by dividing the total production cost by the number of items produced.
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© 1999 Jill Collis and Roger Hussey
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Collis, J., Hussey, R. (1999). Continuous-Operation Costing. In: Cost and Management Accounting. Macmillan Business Masters. Palgrave, London. https://doi.org/10.1007/978-1-349-90655-0_10
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DOI: https://doi.org/10.1007/978-1-349-90655-0_10
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-69407-7
Online ISBN: 978-1-349-90655-0
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