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Business, 10.09.2019 02:20 alexanderickh1
Define cost object and give three examples.
a. a cost object is anything for which a separate measurement of costs is desired. examples include a product, a service, and a customer.
b. a cost object is a cost incurred (historical or past cost), as distinguished from a budgeted cost, which is a predicted or forecasted cost (a future cost). examples include materials, labor, and overhead.
c. a cost object is the collection of cost data in some organized way by means of an accounting system. examples include accumulated costs, overhead, and direct labor.
d. a cost object is a resource sacrificed or forgone to achieve a specific objective. examples include direct materials, direct labor, and advertising.
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Define cost object and give three examples.
a. a cost object is anything for which a separate...
a. a cost object is anything for which a separate...
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