In a Normal Costing System, Which of the Following Costs

question 166

Multiple Choice

In a normal costing system, which of the following costs are traced to each job? Direct Materials Direct Labour

• A)Yes Yes
• B)No Yes
• C)No No
• D)Yes No

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Definitions:

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.

Marketable

Refers to the ability of a product or service to be desired or bought by consumers due to its value, quality, or some other desirable attribute.

Differentiable

Having distinguishing characteristics that allow a product, service, or brand to stand out from its competitors.

Accessible

The quality of being easily reached, entered, used, or understood by people, including those with disabilities.