Pet Partner is a small company that provides pet boarding, grooming, and minor medical services for dogs
Question:
1. Staff salaries.
2. Rent on office and work space used by the company. 3. Licenses and fees.
4. Supplies; grooming supplies and related items.
5. Medications.
6. Legal fees.
7. Accounting services provided part time by practicing accountant.
8. Pet food.
9. Utilities for office and work space.
10. Fire insurance for office and work space and its contents.
11. Liability insurance for the company business.
Required
1. For each cost category, indicate whether it is direct or indirect relative to the company’s cost object.
2. Describe how Pet Partner could use the information in (1) to assess the profitability of each customer.
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Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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