Multiple Choice
Indirect costs are:
A) costs that it is impossible to trace to a cost object
B) costs that cannot be traced to a cost object in an economic manner
C) also known as overhead costs.
D) B and C
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q53: The first step in allocating indirect costs
Q54: The cost driver that is a volume
Q55: One limitation of support department cost allocations
Q56: The department which provides the least amount
Q57: To be consistent in the cost assignment
Q59: The reason for allocating indirect costs is:<br>A)
Q60: The three methods of allocating support department
Q61: The distinction between direct costs and indirect
Q62: As the number of cost pools decreases
Q63: The reciprocal method is the simplest method