Cost assignment is the tracing or allocating of costs to one or more cost objectives, such as activities and departments.
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Q14: For many organizations, the single largest cost
Q15: Cost allocation is the tracing and reassigning
Q17: An example of a cost objective is
Q18: Cost can be measured by dollars, yen,
Q21: For a merchandising company, factory insurance and
Q22: Depreciation of assembly equipment is an example
Q23: Product costs only become an expense when
Q24: Unallocated costs have no identifiable relationship to
Q40: A cost object is anything for which
Q98: Period costs include selling and administrative expenses.
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