Cost objects include: Multiple select question. customers. anything for which cost data is desired. anything for which revenue d

Question

2 years ago

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ata is desired. organizational subunits / departments.

1 answer:

Vlad [161] · Answer 1 · 2023-08-22T18:53:46+03:00

Cost objects include:

<h3>What are cost objects?</h3>

A cost object is a financial phrase used in cost accounting to refer to something that has costs attributed to it.
A company's product, for example, is the cost object for direct materials, direct labor, and manufacturing overhead.
A cost object is a term used mostly in cost accounting to represent something that has costs ascribed to it.
Product lines, geographic areas, clients, departments, and anything else for which management wishes to quantify cost are common examples of cost objects.
A cost object is anything that requires a separate cost measurement.
A cost item could be a product, a service, a project, or something else.
Customers, anything for whom cost data is sought, and organizational subunits are examples of cost objects.

Therefore, cost objects include:

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The correct question is given below:

Cost objects include:

A. anything for which revenue data is desired

B. customers

C. anything for which cost data is desired

D. organizational subunits