Cost element and type of cost

Question

Match List – I with List – II and select the correct answer

           List – I                                                         List – II  

A. Discount                                                           1. Ordering cost

B. Preparation of the machine for a product         2. Material cost

C. Negotiations with vendors                                3. Set – up cost

D. Rent for the warehouse                                    4. Carrying cost

 Codes:         A    B    C    D

              (a)   2     1    3     4

              (b)   4     3    1     2

              (c)   2     3    1     4

              (d)   4     1    3     2