QUESTION 3 (a) Define the meaning of the term 'cost object' and provide three examples of cost objects (2 marks) (b) Distinguish between a direct and indirect cost (2 marks) (c) Explain the meaning of the terms: (i) Prime Cost (ii) Overheads (iii) Cost allocations (3 marks) (d) Distinguish between product costs and period costs (3 marks) (e) Explain the relationship between cost accounting and management accounting (8 marks) (f) Explain standard coting and marginal costing (2 marks) (Total =20 marks)