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book Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt cover

Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt

Edition 11ISBN: 978-1259569562
book Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt cover

Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt

Edition 11ISBN: 978-1259569562
Exercise 23
Indicate whether each of the following costs is a direct cost or an indirect cost of the restaurant in a hotel.
a. Cost of food served.
b. Chef's salary and fringe benefits.
c. Part of the cost of maintaining the grounds around the hotel, which is allocated to the restaurant.
d. The portion of the cost of advertising the hotel that has been allocated to the restaurant.
Explanation
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Direct cost:
The cost that is easily id...

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Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
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