In activity based costing, the allocation basis used for applying costs to services or products is called —

CS Executive · Cost and Management Accounting · PYQS · December 2014
In activity based costing, the allocation basis used for applying costs to services or products is called —
(A) Cost driver
(B) Cost object
(C) Allocation
(D) Applicator.

Answer & Explanation:

Correct Answer: Option (A)

Correct answer: (A) Cost driver.

Topics: Costing Methods

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