Asked by
michelle antonia
on Nov 17, 2024
Verified
Direct costs can be specifically traced to a cost object.
Direct Costs
Expenses that can be directly attributed to the production of specific goods or services, such as raw materials and labor.
Cost Object
Any item for which costs are separately measured and assigned, including products, services, projects, or departments.
- Clarify the distinction between direct and indirect costs in relation to a cost object.
Verified Answer
AM
Learning Objectives
- Clarify the distinction between direct and indirect costs in relation to a cost object.
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