Cost accumulation is supplied to:Select one:a. Identify and estimate opportunity costs.b. Set the marketing price for a service.c. Recognize fixed and variable costs.d. Identify the expense of a details cost object.

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Cost allocation involves:Select one:a. Calculating an allocation rate for each expense to be allocated.b. Identifying a price driver because that each expense to be allocated.c. Multiply the allocation rate by the weight of the expense driver.d. All of the answers are correct.
Cost objects might be:Select one:a. Services.b. Products.c. Departments.d. Every one of the answers space correct.
Overhead costs include:Select one:a. Neither straight nor indirect costs.b. Direct and indirect costs.c. Indirect prices only. D. Direct prices only.

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Some prices that possibly could be traced directly to price objects are nonetheless classified as indirect expenses because:Select one:a. Generally accepted accounting principles need some costs to it is in treated as indirect.b. Such costs cannot be traced come objects in a cost-effective manner. D. Every one of the answers are correct.
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MyAccountingLab through Pearson eText -- Instant access -- because that Financial Accounting9th EditionCharles T. Horngren
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