1,A PRIMARY reason for assigning selling and distribution costs to products for analytical purposes is:
A,that all indirect costs must be assigned.
B,to justify a varied product mix.
C,that different processes, products, and customers require different quantities of selling and distribution activities.
D,that controllers are required to assign all costs when valuing inventories
2,It is important that the product costs reflect as much of the diversity and complexity of the manufacturing process so that:
A,nonvalue-added costs can be eliminated
B,product costs will reflect their relative consumption of resources
C,there is less likelihood of cross subsidising of product costs
D,All of these answers are correct.
1 Athat all indirect costs must be assigned.
lecturer said this answer is wrong.lost mark so cannot accept