n indirect cost
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter12: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 4SEQ: For which cost concept used in applying (he cost-plus, approach to product pricing are fixed...
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![Which one of the following statements is false?
a. Selling costs are period costs.
b. Depreciation cost of factory machine would be classified as a product cost.
Oc. Wages paid to production supervisors would be classified as an indirect cost.
d. Aspecific cost can be direct or indirect. The classification can change if the cost object changes.
e. An indirect cost is a cost that can be easily traced to the particular cost object under consideration.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9120329c-975f-48e5-a296-b299bc153b6a%2F091aadd6-8274-4e00-9493-88d05e683ff9%2Fldc1ipg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which one of the following statements is false?
a. Selling costs are period costs.
b. Depreciation cost of factory machine would be classified as a product cost.
Oc. Wages paid to production supervisors would be classified as an indirect cost.
d. Aspecific cost can be direct or indirect. The classification can change if the cost object changes.
e. An indirect cost is a cost that can be easily traced to the particular cost object under consideration.
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