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what would be a good example of a common cost that normally could not be assigned to products on a segmented income statement except on an arbitrary basis?

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Final answer:

Advertising expenses are a common cost that normally cannot be assigned to products on a segmented income statement except on an arbitrary basis.

Step-by-step explanation:

A common example of a cost that normally cannot be assigned to products on a segmented income statement except on an arbitrary basis is advertising expenses. Advertising costs are typically incurred to promote a brand or product line as a whole, rather than being directly attributable to individual products. Since segmented income statements focus on the profitability of specific product lines or segments, it is difficult to allocate advertising costs in a way that accurately reflects their impact on individual products. Therefore, advertising expenses are often excluded or allocated based on arbitrary methods in segmented income statements.

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