Which of the following statements is (are) true regarding product costing?

Which of the following statements is (are) true regarding product costing?



A individual product costs are relevant for managerial decision-making but irrelevant for preparing the financial statements
B A common decision facing managers is determining the price at which to sell their product or provide their services.
A only A is true
B only B is true
C Both A and B are true
D neither A nor B is true


Answer: B


Learn More :