1. Define the following terms and give examples of each

1. Cost
2. Costing [2 marks]

2. The main purpose of cost accounting is to provide management with information about the costs of products or services or department. List any four 4 decisions management can make using the above information. [4 marks]
3. Naledi Motors manufactures and assemblies Mercedes benz cars. Indicate for each of the following items whether it is a cost object, a direct cost, or an indirect cost:

1. A Mercedes -AMG manufactured in in March
2. The aluminum and high-strength steel used to make a Mercedes Benz SUVs
3. The wages of the employees assembling the cars
4. Car Shampoo used to clean the cars.
5. Phone bill to call customers and suppliers of the company.

High-quality recycled plastic to make bumpers.