A product that consumes a relatively low level of resources but is reported to have a relatively high cost, is an example of
A)increased market share.
B)product marketing.
C)product undercosting.
D)product overcosting.
E)product sub-optimization.

Question

Quizplus · Accepted Answer

This situation describes product overcosting, where the reported cost of the product is higher than the actual resources used to produce it. This may be due to factors such as inefficient production processes or excessive overhead expenses being allocated to the product.

A Product That Consumes a Relatively Low Level of Resources