Economics · Cost Accounting
Match List I (Costing Technique) with List II (Feature) and select the correct option: List I: A. Activity Based Costing B. Target Costing C. Life Cycle Costing D. Kaizen Costing List II: I. Allocation of overheads based on cost drivers II. Competitive market price determines allowable target cost III. Cost analysis accumulated over the entire product life span IV. Continuous incremental cost reduction during the production phase
- 1A−III, B−IV, C−I, D−II
- 2A−II, B−I, C−IV, D−III
- 3A−I, B−II, C−III, D−IV✓
- 4A−IV, B−III, C−II, D−I
Correct answer
A−I, B−II, C−III, D−IV
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