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5
What is a Direct cost; Indirect cost? Give examples.
Direct cost - cost directly to the product (ex: labor for a specific job, this car got these tires)
Indirect cost - cost that can't directly be associated with a product (ex: grease for a robot that makes the car)
Indirect cost - cost that can't directly be associated with a product (ex: grease for a robot that makes the car)
Flashcard info:
Author: savhighsmith
Main topic: Accounting
Topic: Accounting II
School / Univ.: UGA
City: Athens
Published: 06.07.2010