Management requires information about the cost of products for all of the following reasons except to:
A) ascertain the relative profitability of products.
B) control costs.
C) estimate rate of depreciation for equipment.
D) aid planning.

Question

Quizplus · Accepted Answer

The cost of products is not directly related to the rate of depreciation for equipment. This information would be obtained through other accounting methods, such as calculating the useful life of the equipment or its salvage value.

Management Requires Information About the Cost of Products for All