Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Classifying a cost as either direct or indirect depends upon: a. Whether an expenditure is unavoidable because it cannot be changed regardless of any action

Classifying a cost as either direct or indirect depends upon:

a. Whether an expenditure is unavoidable because it cannot be changed regardless of any action taken.

b. Whether the cost is expensed in the period in which it is incurred

c the behavior of the cost in response to volume changes

d. the cost object to which the cost is being related.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting A Concepts Based Introduction

Authors: David Kolitz

1st Edition

1138844977, 978-1138844971

More Books

Students also viewed these Accounting questions

Question

What was the influence of the strength of the treatment?

Answered: 1 week ago