Question

Cost pools are: A. costs that are accumulated before being allocated to cost objects on some common basis. B. costs that are relevant to decision-making but irrelevant to financial reporting. C. product costs that are assigned to cost objects using direct labor or machine hours. D. accounts in the product life cycle from research and development to customer service.

Answer 1

Answer:

A. costs that are accumulated before being allocated to cost objects on some common basis.

Explanation:

Cost pools are costs that are accumulated before being allocated to cost objects on some common basis.