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A cost incurred for the benefit of more than one cost objective is:

<p><em><strong>A. A variable cost  </strong></em></p> <p><em><strong>B. A conversion cost. </strong></em></p> <p><em><strong>C. A prime cost. </strong></em></p> <p><em><strong>D. A common cost.</strong></em></p>

Accounting Auditing Cost Accounting Bank Accounting CMA
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Question added by Deleted user
Date Posted: 2014/12/27
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Deleted user
by Deleted user

Common cost is a synonym for joint cost

Answer D is correct

Ammar Tariq khanzada ACCA
by Ammar Tariq khanzada ACCA , Manager Finance & Accounts , TIANJIN CHINA PETROLEUM DRILLING COMPANY (PAKISTAN BRANCH)

Common Cost

Suhaib Abbadi
by Suhaib Abbadi , Assurance and Audit Trainee , EY

D-Common Cost.................

Ezzidin Ibrahim
by Ezzidin Ibrahim , Financial Controller , Karim Food Industries

D. A common cost. like oil, glue

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