A product cost that is useful for one decision may not be useful information for another decision.

Name: A product cost that is useful for one decision may not be useful information for another decision.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

This is because different decisions may require different types of cost information. For example, the cost of direct materials may be useful for deciding whether to continue producing a product, but not for deciding whether to accept a special order at a discounted price.

A Product Cost That Is Useful for One Decision May