1 Butler Hospital wants to estimate the cost for each patient stay. It is a general health care facility offering only basic services and not specialized services such as organ transplants. Required: a. Classify each of the following costs as either direct or indirect with respect to each patient. b. Classify each of the following costs as either fixed or variable with respect to hospital costs per day Direct Indirect Fixed Variable Electronic monitoring Meals for patients Nurses' salaries Parking maintenance Security 2 When costs can be traced to a particular cost object in an economically feasible way, the cost is a: A) direct cost B) indirect cost C) allocated cost D) budgeted cost 3 Lucas Manufacturing has three cost objects that it uses to accumulate costs for its manufacturing plants. They are: Cost object #1: The physical buildings and equipment Cost object #2: The use of buildings and equipment Cost object #3: The availability and use of manufacturing labor The following manufacturing overhead cost categories are found in the accounting records 2. Depreciation on buildings and equipment b. Lubricants for machines c Property insurance d. Supervisors salaries e. Fringe benefits f. Property taxes 5. Utilities Required: Assign each of the above costs to the most appropriate cost object