Cost object:- Cost object is something which is assigned a separate measure of cost because management needs such cost information; for example, responsibility centers, products, projects and so on. The various production departments in a manufacturing firm also provide examples of cost objects. For example, the material handling cost pool may be allocated across the various production departments that use material handling services.
Cost object:- Cost object is something which is assigned a separate measure of cost because management needs such cost information; for example, responsibility centers, products, projects and so on. The various production departments in a manufacturing firm also provide examples of cost objects. For example, the material handling cost pool may be allocated across the various production departments that use material handling services.
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