In batch costing, at the level of production of economical lot size : (A) Carrying cost is minimum (B) Setup cost is minimum (C) Total cost of product is minimum (D) Computation of cost of production is easy
CS Executive · Cost and Management Accounting · PYQS · December 2017
In batch costing, at the level of production of economical lot size : (A) Carrying cost is minimum (B) Setup cost is minimum (C) Total cost of product is minimum (D) Computation of cost of production is easy
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Batch Costing
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