Lecture Survey of accounting (3/e) - Chapter 12: Cost accumulation, tracing, and allocation
Lecture Survey of accounting (3/e) - Chapter 12: Cost accumulation, tracing, and allocation
After you have mastered the material in this chapter, you will be able to: Identify cost objects and distinguish between direct costs versus indirect costs, allocate indirect costs to cost objects, identify the most appropriate cost driver, recognize the effects of cost allocation on employee motivation.