Fridas Tax Practice has two departments, tax and audit. The tax department has two product lines, business
Question:
Frida’s Tax Practice has two departments, tax and audit. The tax department has two product lines, business returns and individual returns. A list of costs and three cost objects from Frida’s Tax Practice follow.
REQUIRED
For each cost, identify whether it is direct or indirect for each cost object.
Transcribed Image Text:
Cost Object Mr. Gruper's Personal Tax Department Personal Returns Tax Return Cost A. Subscription to personal tax law updates publication B. Ink supplies for tax department photocopy machine C. Portion of total rent for tax department office space D. Wages for tax department administrative assistant E. Tax partner's salary F. Charges for long-distance call to Mr. Gruper about personal tax return questions G. Tax partner lunch with Mr. Gruper (the tax partner has lunch with each client at least once per year)
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Cost Cost Object Tax Department Personal Returns Mr Grupers Personal Tax Return ASubscription to per...View the full answer
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Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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