Q471
In a given scenario, if cost is considered as indirect cost then independent variable will be considered as
A.
demand allocation base
B.
supply allocation base
C.
cost allocation base
AnswerD.
price allocation base
Answer: Option C
Solution
Answer: Option C
Solution:
In a given scenario, if cost is considered as indirect cost then independent variable will be considered as cost allocation base. An allocation base is the basis upon which an entity allocates its overhead costs.