Examlex
Match each explanation with its associated explanation:
-RAI
Direct Costs
Costs that can be directly attributed to the production of a product or service, such as materials and labor.
Indirect Costs
Expenses that are not directly attributable to the production of goods or delivery of services but are necessary for the operation of a business, such as utilities or rent.
Cost Object
Anything for which a separate measurement of costs is desired, such as a product, service, project, or activity.
Upstream Cost
Expenses related to the exploration, development, and production phases in industries such as oil and gas.
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