QUESTION 8 When costs can be traced to a particular cost object in an economically feasible...

Question

Question

business accounting

Answer 1

Answer #1

The answer is direct cost

The costs which can be traced directly to a product are knows as direct costs

Costs which cannot be traced are called indirect costs

Allocated costs are the indirect costs allocated to the product

Budgeted cost is the original estimated cost

Answer 2

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