Explain the terms - cost object and activities, Managerial Accounting

Assignment Help:

Explain the terms - Cost object and Activities

Cost object: it is an item for which cost measurement is required for example a product or a customer.

Activities: these consist of the aggregate of different tasks and are concerned with function associated with cost objects.

There are two type of activities

 Support activities

Production process activities

 


Related Discussions:- Explain the terms - cost object and activities

Organizing-motivation-role of management accountant, Organizing (1) It is...

Organizing (1) It is the establishment of the framework within which the required activities are to be performed and the designation of who should perform such activities. It inc

Finance, using the operating cycle and any other financial management knowl...

using the operating cycle and any other financial management knowledge,discuss the applicabilty of such cycle to poultry

Linear programming, what areas can linear programming be applied in manager...

what areas can linear programming be applied in managerial accounting?

Cost classification, identify and explain cost classification for performan...

identify and explain cost classification for performance evaluation

Breakeven point, A company manufactures a one product. Estimated cost data ...

A company manufactures a one product. Estimated cost data regarding this product and other information for the product and the company are as follows: Sales price per unit Rs.2000

The search for alternative courses of action, The Search for Alternative Co...

The Search for Alternative Courses of Action The second stage of the decision-making model is a search for a range of possible courses of action (or strategies) that might enab

Evaluate a proposed investment, Q. Evaluate a proposed investment? BMP ...

Q. Evaluate a proposed investment? BMP Consulting (BMPC) conducted an analysis of Delta Corp. and found that the firm consists of two different divisions: Pet Lovers, a pet sup

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd