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Commerce · Q442

Costing

Graduate and Post Graduate · Commerce · question 442

Q442

If coefficients are similar for two accounting periods, then single cost relationship is estimated with help of

A.
data of fixed cost
B.
cost driver of data
C.
pool of data
Answer
D.
cost object of data

Answer: Option C

Solution

Answer: Option C
Solution:
If coefficients are similar for two accounting periods, then single cost relationship is estimated with help of pool of data. Cost pools is an accounting term that refers to groups of accounts serving to express the cost of goods and service allocatable within a business or manufacturing organization.