Absorption of production overhead cost in unit – costs on marginal costs basis in unacceptable
A. As a cost control mechanism
B. as a decision making
C. For stock valuation in compliance with SSAP – 9
D. For profit measured in monthly management account
Answer:C
Absorption of production overhead cost in unit – costs on marginal costs basis in unacceptable
A. As a cost control mechanism B. as a decision making C. For stock valuation in compliance with SSAP – 9 D. For profit measured in monthly management account