Question: Define cost object and give three examples A . A cost object is the collection of cost data in some organized way by means of
Define cost object and give three examples
A A cost object is the collection of cost data in some organized way by means of an accounting system. Examples inclate accimulated costs, ovechead, and drect labor
B A cost object is a resource sacrificed or forgone to achieve a specific objective. Examples include direct materials, direct labor, and advertising
C A cost object is anything for which a separate measurement of costs is desired. Examples inclade a product, a service, and a customer.
D 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 fihare cost Examples include materials, Iabor, and overthead.
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