In service costing, costs are classified as:

CS Executive · Cost and Management Accounting · PYQS · December 2019
In service costing, costs are classified as:
(A) Standing charges, running charges and maintenance cost
(B) Fixed cost, normal cost and standard cost
(C) Variable cost, fixed cost and marginal cost
(D) Standard cost, marginal cost and fixed cost

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Service Costing

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