Which of the following statements is correct regarding direct and indirect costs? The distinction between a direct

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Which of the following statements is correct regarding direct and indirect costs?

The distinction between a direct and indirect cost depends on the product, activity, or department to which the cost pertains.

If a cost is indirect to a department within a plant, it will also be indirect for the plant as a whole.

Sunk costs are always direct, and opportunity costs are always fixed.

Direct costs are always variable and indirect costs are always fixed.

Related Book For answer-question

Cornerstones of Cost Management

ISBN: 978-1285751788

3rd edition

Authors: Don R. Hansen, Maryanne M. Mowen

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Posted Date: Jun 30, 2022 03:10 AM

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Which of the following statements is correct regarding direct and indirect costs? The distinction between a direct

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Cost of goods sold are charges that without deviation go into fabr... View the full answer

Cornerstones of Cost Management

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