COST ACCOUNTING
MANUFACTURING OVERHEAD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A major purpose of cost accounting is to..
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classify all costs as operating or non-operating
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measure, record, and report period costs.
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provide information to stockholders for investment decisions.
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measure, record, and report product costs.
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Explanation:
Detailed explanation-1: -Cost accounting looks to assess the different costs of a business and how they impact operations, costs, efficiency, and profits. Individually assessing a company’s cost structure allows management to improve the way it runs its business and therefore improve the value of the firm.
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