The Cost Object Is an Upholstered Chair Made by Craftsmen

question 98

Multiple Choice

The cost object is an upholstered chair made by craftsmen in a factory.An accountant can identify the amount and cost of fabric used to manufacture the chair.This is called ________ a ________ to a cost object.

• A) assigning; indirect cost
• B) allocating; indirect cost
• C) allocating; direct cost
• D) tracing; direct cost

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Definitions:

Nonstandard Schedules

Work or activity schedules that fall outside the traditional 9-to-5, Monday-through-Friday pattern.

Workers

Individuals engaged in doing a job or work, typically in exchange for payment or salary.

Absenteeism

The habitual non-presence of an employee at their job, which can be a significant issue for employers in terms of productivity and efficiency.

Older Employees

Individuals in the workforce who are typically beyond the average age of retirement, often possessing extensive experience and knowledge.