Question: Detine cost object and give three examples for which a separate measurement of costs is desired Examples inclade a product, a service, and a custoner
Detine cost object and give three examples for which a separate measurement of costs is desired Examples inclade a product, a service, and a custoner B. A cost object is the collection of cost data in some oeganized way by means of an accourting system. Exarmrples inclabe accumaed O C. A cost object is a cost incurred thestorncal or past cost), as dstinguished f O D. A cost object is a resource saciniced or forgone t costs, overhead, and direct labor cost (a future cost) Examples include maheriats, labor, and overtead ecasted c froms a budgeted cost, which is a predicted or for o achieve a spectic objective Examples inckude drect materials, deect labor and advertising
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