5 Which purpose of cost allocation is used to decide on the selling price for a customized product or service? Select one: a. to motivate managers and other employees b. to justify costs c. to measure income and assets for reporting to external parties d. to provide information for economic decisions
5 Which purpose of cost allocation is used to decide on the selling price for a customized product or service? Select one: a. to motivate managers and other employees b. to justify costs c. to measure income and assets for reporting to external parties d. to provide information for economic decisions
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter5: Activity-based Costing And Management
Section: Chapter Questions
Problem 11MCQ
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Question
5
Which purpose of cost allocation is used to decide on the selling price for a customized product or service?
Select one:
a. to motivate managers and other employees
b. to justify costs
c. to measure income and assets for reporting to external parties
d. to provide information for economic decisions
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