A. cost hierarchy
B. price hierarchy
C. activity hierarchy
D. purpose hierarchy
Correct Answer: cost hierarchy ✔
Last Updated: May 11, 2023
Related MCQs
- If the units of normal spoilage are 150 and the total good units manufactured are 1500, then the normal spoilage rate would be __________?
- An amount of spoilage that is natural in any particular production process is classified as __________?
- The residual material which results from manufacturing products is called __________?
- The normal spoilage is subtracted from total spoilage to calculate __________?
- If the transferred out total cost is $1850000 and the number of good units (produced), then the cost per good unit transferred out and completed can be __________?
- The production units that do not meet customer specification, but can be sold to other customers as finished goods are classified as __________?
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- The types of spoilage include __________?
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- The cost of abnormal spoilage is not treated as __________?
- The costing, which explains how and when scrap affects the operating income of company is classified as __________?
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- An example of rework is __________?
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