Question: Answer these 2 questions please ! QUESTION 4 A direct cost is a cost that is: Identifiable as controllable. O Recorded as part of manufacturing

Answer these 2 questions please ! Answer these 2 questions please ! QUESTION 4 A direct cost is

QUESTION 4 A direct cost is a cost that is: Identifiable as controllable. O Recorded as part of manufacturing overhead. Fixed with respect to the volume of activity. O Traceable to a cost object. Sunk with respect to a cost object. QUESTION 5 A fixed cost Requires the future outlay of cash and is relevant for future decision making. O Does not change with changes in the volume of activity within the relevant range. Is directly traceable to a cost object. Changes with changes in the volume of activity within the relevant range. Has already been incurred and cannot be avoided so it is irrelevant for decision making

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!