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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?
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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