week 7 Flashcards
(6 cards)
1
Q
whats a cost object
A
anything for which a measurement of coasts is desired
2
Q
direct costs
A
can be specifically identified with a particular cost object
3
Q
indirect costs
A
cannot be identified specifically with a particular cost object
4
Q
product cost
A
the cost necessary to complete a product
5
Q
period cost
A
all non-manufacturing expenditures
6
Q
overheads
A
same as indirect costs
