Assertion (A): Batch costing is used for calculating total cost of each batch. Reason (R): It is used in industries where output is done for a batch of customers. Codes:

CS Executive · Cost and Management Accounting · PYQS · December 2020
Assertion (A): Batch costing is used for calculating total cost of each batch. Reason (R): It is used in industries where output is done for a batch of customers. Codes:
(A) A is false but R is true
(B) A is true but R is false
(C) Both A & R are true but R is not the correct explanation of A
(D) Both A & R are true and R is the correct explanation of A

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Costing Methods

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