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Commerce · Q529

Costing

Graduate and Post Graduate · Commerce · question 529

Q529

Costs of all activities for a group of products, rather than individual product can be classified as

A.
activity level costs
B.
input level costs
C.
batch level costs
Answer
D.
output level costs

Answer: Option C

Solution

Answer: Option C
Solution:
Costs of all activities for a group of products, rather than individual product can be classified as batch level costs. A batch-level cost is a cost related to a group of units, but which is not associated with specific individual units.