service cost centre

= indirect cost centre; = service department; = support cost centre
A cost centre to which costs are allocated or apportioned in absorption costing; though the service cost centre is necessary to carry out the production process, it is incidental to it and does not handle the cost unit. Examples of service cost centres are stores, canteens, and boiler houses.

Accounting dictionary. 2014.

Look at other dictionaries:

  • service cost centre — indirect cost centre; service department; support cost centre A cost centre to which costs are allocated or apportioned in absorption costing; though the service cost centre is necessary to carry out the production process, it is incidental to it …   Big dictionary of business and management

  • service cost centre — /ˌsɜ:vɪs kɒst ˌsentə/, service centre / sɜ:vɪs ˌsentə/ noun a section of a company considered as a cost centre, which provides a service to other parts of the company …   Dictionary of banking and finance

  • Cost centre — Cost centres are divisions that add to the cost of the organization, but only indirectly add to the profit of the company. Typical examples include Research and Development, Marketing and Customer service.Companies may choose to classify business …   Wikipedia

  • Cost centre (business) — In business, a cost centre or cost center is a division that adds to the cost of an organization, but only indirectly adds to its profit. Typical examples include research and development, marketing and customer service.[1] There are some… …   Wikipedia

  • cost centre — The area of an organization for which costs are collected for the purposes of cost ascertainment, planning, decision making, and control. Cost centres are determined by individual organizations; they may be based on a function, department,… …   Accounting dictionary

  • cost centre — The area of an organization for which costs are collected for the purposes of cost ascertainment, planning, decision making, and control. Cost centres are determined by individual organizations; they may be based on a function, department,… …   Big dictionary of business and management

  • cost centre — / kɒst ˌsentə/ noun 1. a person or group whose costs can be itemised and to which costs can be allocated in accounts 2. a unit, a process, or an individual that provides a service needed by another part of an organisation and whose cost is… …   Marketing dictionary in english

  • cost centre — / kɒst ˌsentə/ noun 1. a person or group whose costs can be itemised and to which costs can be allocated in accounts 2. a unit, a process, or an individual that provides a service needed by another part of an organisation and whose cost is… …   Dictionary of banking and finance

  • indirect cost centre — See: service cost centre …   Accounting dictionary

  • support cost centre — See: service cost centre …   Accounting dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.