Q530
Product which requires low amount of resources, but incur high per unit cost is classified as
A.
expected under cost
B.
expected over cost
C.
product under costing
D.
product over costing
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Product which requires low amount of resources, but incur high per unit cost is classified as product over costing. Product costing is also known as traditional costing. This method seeks to allocate all costs down to individual units of finished product.