In Activity-Based Costing Analysis, Direct Materials Are Classified as A

question 92

Multiple Choice

In activity-based costing analysis, direct materials are classified as a:

• A) unit cost.
• B) batch cost.
• C) product cost.
• D) facility cost.

---

Definitions:

Payments

Transactions or transfers of money that are made to settle a debt or an account.

Double-Entry Bookkeeping System

A method of accounting where every transaction is recorded in at least two accounts, with one account being debited and another credited, ensuring the accounting equation balances.

Single-Entry System

An accounting method where each financial transaction is recorded with only one entry, making it simpler but less detailed than double-entry systems.

Accounting Program

An educational curriculum designed to prepare students for careers in financial reporting, auditing, tax, and management accounting.