Method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as
A. step down allocation method
B. stand-alone revenue allocation method
C. incremental revenue allocation method
D. revenue mix allocation method
Answer: Option C
Solution(By Examveda Team)
Method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as incremental revenue allocation method. The ranking of the individual products in the suite determines the revenues allocated to them.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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