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
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
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