Simple Cost Systems Distort Product Costs Because

question 50

Multiple Choice

Simple cost systems distort product costs because

• A)they do not know how to identify the appropriate units.
• B)competitive pricing is ignored.
• C)they emphasize financial accounting requirements.
• D)they apply average support costs to each unit of product.
• E)they assign direct costs using direct cost tracing.

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Definitions:

Vary

To differ in size, amount, degree, or nature from something else in the same general category.

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Engaging in discussions with the goal of reaching an agreement.