Vidyalelo
Commerce · Q676

Costing

Graduate and Post Graduate · Commerce · question 676

Q676

Situation in which cost object has any job, customer or product is known as

A.
cost application base
Answer
B.
sale application base
C.
price application base
D.
direct application base

Answer: Option A

Solution

Answer: Option A
Solution:
Situation in which cost object has any job, customer or product is known as cost application base. Cost application base is a factor that is the common denominator for systematically relating a cost or a group of costs, such as factory overhead, to products.