Page 59 - F2 - MA Integrated Workbook STUDENT 2018-19
P. 59
Cost classification
A cost centre is ‘a unit of product or service in relation to which costs are
ascertained’. A cost centre is used as a ‘collecting place’ for costs. There
are many types of cost centres.
Example 2
Examples of cost centres in relation to a hotel:
Type
Example
Service location Reception
Function Cleaning
Activity Room service
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