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Horngren's Cost Accounting 17th Edition

Horngren's Cost Accounting (17th Edition)

Book Edition17th Edition
Author(s)Datar, Rajan

Chapter 2, End of Chapter, Decision Points, Exercise 1

Page 52

Here is a tip:

Cost is something that is sacrificed to attain a specific object.


Cost object is something for which a separate measurement of cost is required. An example of the cost object can be a customer, a department and an activity.

Verified Answer

Cost object is defined as a particular thing for which a cost is to be assigned. 

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