chaptertitle-csus.pptVIP

3-* * Suppose that your car could be sold now for $5,000. Is this a sunk cost? 3-* * No, it is not a sunk cost. 3-* * We have looked at the cost classifications used for financial reporting, predicting cost behavior, assigning costs to cost objects, and making business decisions. Now, let’s look at how to classify idle time, overtime, and fringe benefits. 3-* * Appendix 2A: Further Classification of Labor Costs. 3-* * Learning objective number 9 is to properly account for labor costs associated with idle time, overtime, and fringe benefits. 3-* * Machine breakdowns, material shortages, po