Product costing information will include ________.
A) to increase profits
B) to increase sales and image of the company
C) for cost management
D) for efficient human resource management

Question

Quizplus · Accepted Answer

Product costing information is primarily used for cost management, which includes identifying and analyzing the cost of producing and selling a product in order to make informed decisions about pricing, production volume, and profitability. While increasing profits and sales and managing human resources may be related goals or outcomes of effective cost management, they are not the primary reasons for collecting and analyzing product costing information.

Product Costing Information Will Include ________