On the line in front of each statement, enter the letter corresponding to the term that best fits that statement. You may use a letter more than once and some letters may not be used at all.
________ The combination of direct materials and direct labor.
________ Costs that change in total in direct proportion to changes in volume.
________ A cost that relates to the cost object, but cannot be traced to it.
________ A cost that has already been incurred.

Question

On the line in front of each statement, enter the letter corresponding to the term that best fits that statement. You may use a letter more than once and some letters may not be used at all.
  ________ The combination of direct materials and direct labor.
________ Costs that change in total in direct proportion to changes in volume.
________ A cost that relates to the cost object, but cannot be traced to it.
________ A cost that has already been incurred.

Quizplus · Accepted Answer

The Answer of On the line in front of each statement, enter the letter corresponding to the term that best fits that statement. You may use a letter more than once and some letters may not be used at all.
  ________ The combination of direct materials and direct labor.
________ Costs that change in total in direct proportion to changes in volume.
________ A cost that relates to the cost object, but cannot be traced to it.
________ A cost that has already been incurred.

On the Line in Front of Each Statement, Enter the Letter