Cost pool category, which have similar cause and effect relationship, with each cost driver uses as an allocation base is classified as

A. heterogeneous price pool

B. homogenous cost pool

C. heterogeneous cost pool

D. homogenous price pool

Answer: Option B

Solution(By Examveda Team)

Cost pool category, which have similar cause and effect relationship, with each cost driver uses as an allocation base is classified as homogenous cost pool. A cost pool is a grouping of individual costs, typically by department or service center.