A projected cost for the future is called a:
A) fixed cost.
B) period cost.
C) random cost.
D) budgeted cost.

Question

Quizplus · Accepted Answer

A projected cost for the future is also known as a budgeted cost. Fixed cost refers to costs that do not change regardless of production or sales volume, while period cost is an expense that is not directly linked to the production process. Random cost does not have a clear definition in accounting.

A Projected Cost for the Future Is Called A