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  • Cost Accounting Test 4
  • Directions: Choose the correct option for the given quest...
Multiple choice

Directions: Choose the correct option for the given question:

_____ is considered in industries, where batch costing is employed.

  1. EOQ

  2. EBQ

  3. ABC

  4. VED

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Economic Batch Quantity (EBQ) is used in batch costing to determine the optimal batch size that minimizes the sum of setup costs and carrying costs.

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