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An Instructor Arrives for a Lab Class with Twelve Laptops

question 38

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An instructor arrives for a lab class with twelve laptops. The contact takes the instructor into a conference room that contains one large table and twelve chairs. There are no visible outlets in the room. Which of the following should the instructor do?

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Definitions:

Direct Costs

Costs that can be traced directly to a cost object.

Cost Object

Anything for which a separate measurement of cost is desired, including products, services, projects, or customers.

Indirect Costs

Costs that cannot be traced directly to a cost object.

Cost Object

Anything for which a separate measurement of costs is desired, such as products, services, projects, customers, or activities.

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