alleryStart learning →Which is a classification of cost by function?
ADirect cost
BFixed cost
CPeriod cost
DSelling cost
Answer & Solution
Correct answer: D. Selling cost
Function-wise heads are production, administration, selling and distribution, and research and development.
Keep practising Cost Accounting
Browse all Cost Accounting questions for CA Final, or explore more Cost and Management Accounting topics.
Related questions
US regulations test an arm's length range using which measure?Which is a recognised transfer pricing method?Resale price is Rs 1,200 and the distributor's gross margin is 20% of resale price. TransfCost of a transferred item is Rs 800 and the cost-plus markup is 25% on cost. Transfer priThe balanced scorecard was originally designed mainly forThe Analog Devices scorecard was created by Art Schneiderman inCustomer retention rate fits which scorecard perspective?Hours of staff training per year fit which scorecard perspective?