The cost objects and distinguish among cost and indirect costs.

Question

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Answer 1

Question

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.

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Answer 2

Question

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.

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Answer 3

Question

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.

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Answer 4

Question

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.

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Answer 5

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.

Answer 6

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.

Answer 7

Chapter 4, Problem 1LO

To determine

The cost objects and distinguish among cost and indirect costs.

Answer 8

Expert Solution & Answer

Explanation of Solution

A thing for which one is planning to identify the cost is termed as cost object. The main difference among direct costs and indirect cost is not only that the direct costs could be traced to particular cost objects, but also it tends to be the variable costs. On the other hand, the indirect costs are much likely to be one among the period or fixed costs.