The basic idea in this method is that each expenditure item can be assigned to particular characteristics of the operation. Ideally，the ( ) should be causally related to the category of basic costs in an allocation process.
A: allocation of joint costs
B: cost control
C: cost engineering
D: cost inference
A: allocation of joint costs
B: cost control
C: cost engineering
D: cost inference
举一反三
- According to the American Association of Cost Engineers, cost engineering is defined as that area of engineering practice where engineering judgment and experience are utilized in the application of scientific principles and techniques to the problem of ( ) A: Cost estimation, cost control and profitability. B: Statstical inference, cost estimation and cost control. C: Allocation of joint costs, cost control and profitability. D: Cost estimation, cost control and statstical inference.
- 2. Direct costs are A: Costs which can be identified with a cost center but not identified to a single cost unit B: Costs which can be economically identified with a single cost unit C: Costs which can be identified with a single cost unit, but it is not economic to do so D: Costs incurred as a direct result of a particular decision.
- When computing the cost per equivalent unit, the weighted-average method of process costing considers: A: costs incurred during the current period only. B: costs incurred during the current period plus cost of ending work in process inventory. C: costs incurred during the current period plus cost of beginning work in process inventory. D: costs incurred during the current period less cost of beginning work in process inventory.
- The cost reconciliation report has two sections: “Costs to be accounted for” followed by “Costs accounted for”. The “Costs accounted for” portion of the cost reconciliation report includes the cost of beginning work in process inventory and the cost of units transferred out.
- The costs such packing cost, labeling cost, marking cost, ocean freight, marine insurance, inspection fees, loading and unloading cost, agent’s commission, etc., can be regarded as ______ costs in international trade, which are necessary but can lead to the ______ costs of exporting and importing.