Cost Acconting, 14E Charles T. Horngrenchapter 14.docVIP

Cost Accounting, 14e (Horngren/Datar/Rajan) Chapter 14 Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis Objective 14.1 1) Costs which are NOT economically feasible to trace but which are related to a cost object are known as: A) fixed costs B) direct costs C) indirect costs D) variable costs Answer: C Diff: 1 Terms: cost allocation Objective: 1 AACSB: Reflective thinking 2) Any item for which a separate measurement of cost is desired is known as: A) cost allocation B) a cost object C) a direct cost D) an indirect cost Answer: B Diff: 1 Terms: cos