Asked by
Paris Norman
on Oct 24, 2024Verified
In activity-based costing analysis, set-up costs are classified as a:
A) unit cost.
B) batch cost.
C) product cost.
D) facility cost.
Set-Up Costs
Expenses incurred to prepare and configure equipment or processes for production.
Activity-Based Costing
An approach to costing that recognizes organizational activities and distributes each activity's costs to every product and service, reflecting their real consumption.
- Determine and clarify the concept of how costs react to changes.
Verified Answer
TB
Learning Objectives
- Determine and clarify the concept of how costs react to changes.