
Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
Edition 11ISBN: 978-1259569562
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.
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
Direct cost:
The cost that is easily id...
Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255