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Classify the following type of cost with necessary reasons: 1.A company had paid 15,50,000 to a marketing research company to find expected demand of the newly developed product of the company 2.A company has invested 50,00,000 in a project. The company could have earned 6,00,000 by investing the amount in proper government securities. 3.Accountant of a cloth factory paid 88,000 for water which has been used for washing the clothes.

Classify the following type of cost with necessary reasons: 1.A company had paid 15,50,000 to a marketing research company to find expected demand of the newly developed product of the company 2.A company has invested 50,00,000 in a project. The company could have earned 6,00,000 by investing the amount in proper government securities. 3.Accountant of a cloth factory paid 88,000 for water which has been used for washing the clothes.

Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....
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Classify the following type of cost with necessary reasons:
1.A company had paid 15,50,000 to a marketing research company to find expected demand of the newly developed product of the company
2.A company has invested 50,00,000 in a project. The company could have earned 6,00,000 by investing the amount in proper government securities.
3.Accountant of a cloth factory paid 88,000 for water which has been used for washing the clothes.

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