For companies in service sector, cost which is not considerable is
A. Inventoriable costs
B. finished costs
C. factory overhead costs
D. manufacturing overhead costs
Answer: Option A
Solution(By Examveda Team)
For companies in service sector, cost which is not considerable is Inventoriable costs. Inventoriable costs, also known as product costs, refer to the direct costs associated with the manufacturing of products for revenue generation.Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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