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A microbiologist discovers a Streptococcus bacterium living on a human scalp.She wants to know whether the bacterium she found is the same species as a Streptococcus bacterium she isolated from the throat of the same human.Explain how she could determine whether these bacteria are the same species.
Cost Object
Anything for which cost data are desired. Examples of cost objects are products, customers, geographic regions, and parts of the organization such as departments or divisions.
Indirect Cost
Costs that are not directly traceable to a specific product, project, or activity, such as utilities, rent, and administrative expenses.
Direct Cost
A cost that can be easily and conveniently traced to a specified cost object.
Prime Cost
Direct materials cost plus direct labor cost.
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