Situation in which cost object has any job, customer or product is known as
A
cost application base
B
sale application base
C
price application base
D
direct application base
Correct Answer: cost application base
Situation in which cost object has any job, customer or product is known as cost application base. Cost application base is a factor that is the common denominator for systematically relating a cost or a group of costs, such as factory overhead, to products.