Question: When costs can be traced to a particular cost object in an economic way, the cost is a: A . budgeted cost B . indirect

When costs can be traced to a particular cost object in an economic way, the cost is a:
A. budgeted cost
B. indirect cost
C. allocated cost
D. direct cost
When costs can be traced to a particular cost

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!

Q:

Asset W has an expected return of 11.8 percent and a beta of 1.10. If the risk-free rate is 3.3 percent, complete the following table for portfolios of Asset W and a risk-free asset. Illustrate the...

Q:

1 Butler Hospital wants to estimate the cost for each patient stay. It is a general health care facility offering only basic services and not specialized services such as organ transplants. Required:...

Q:

QUESTIONS 2 points Which of the town would be considered an actual cost of a current period The 25 of materials in a manufactured chair that is ready to be shipped to the customer The 5:22 of direct...

Q:

When costs can be traced to a particular cost object in an economically feasible way, the cost is a; A . budgeted cost B . indirect cost C . allocated cost D . direct cost

Q:

Which of the following is true of indirect costs? a. Indirect costs are always considered sunk costs. Frage Which of the following is true of indirect costs? b. All indirect costs are included in...

Q:

When costs can be traced to a particular cost object in an economically feasible way, the cost is a: direct cost in oifrect cost allocated cost budgeted cost

Q:

which of the following is true of indirect cost? a . indirect costs always vary in direct proportion to the level of production b . indirect costs cannot be traced to a particular cost object in an...

Q:

When costs can be traced to a particular cost object in an economically feasible way , the cost is a: * 2 points budgeted cost indirect cost allocted cost direct cost

Q:

Indirect Costs are: Select one: a . period costs b . not cost effectively traced to cost objects c . salary costs d . easily traced to a particular cost object Clear my choice

Q:

Which of the following statements are true? A direct cost is a cost that can be easily traced to the particular cost object under combleration. 3 . A cost can be direct or indirect. The...

Q:

SECTION B: MULTIPLE CHOICE QUESTIONS All of the following are factors affecting direct versus indirect cost classification EXCEPT: A ) materiality of the cost B ) cost accuracy C ) information...

Q:

Assume that Big Company decides to acquire 80% Little Company for $500,000. Which accounting method is most appropriate for representing an investment of this type? Big Company Balance Sheet Assets,...

Q:

Use expansion by cofactors to find the determinant of the matrix. W 21 -15 X52 y 27 24 32 10 20 249N 214 18 -24 -35 22 32 -40

Q:

Which of these stasements is true of the use of a decihion balance sheet? It involers semititing potentlat exerclue participants to the positive and negative outcomes of participating in an exenche...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....