Distinguish between direct and indirect costs

Reference no: EM13907554

(a) Define the term 'cost object'.

(b) Distinguish between direct and indirect costs and discuss the factors which should influence whether a particular cost is treated as direct or indirect in relation to a cost object.

(c) Identify different cost objects within your own organization, or an organization that you are familiar with, and ascertain which costs are direct and indirect in relation to those cost objects.

Reference no: EM13907554

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