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Unformatted text preview: units produced) Relevant range: range of activity within which assumptions about the VC and FC are valid. In other words, you can rely on the VC unit cost to remain the same and the FC total cost to remain the same. III. Assigning Costs to Cost Objects-Anything for which we want to collect costs (products, customers, jobs, departments) Direct Costs Easily traced Indirect Costs Not easily traced (OH) These costs must be allocated to jobs or customers, etc. Common costs...
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- Spring '08