Cost Object

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Definition: Cost Object

Cost Object
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Full Definition of Cost Object

The direct or indirect cost of a component of total output allocated to the total cost of producing goods or services. The cost of an individual resource or output applied to the total cost structure of production for measuring cost efficiency and profitability.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/cost-object/
Modern Language Association (MLA):
Cost Object. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/cost-object/.
Chicago Manual of Style (CMS):
Cost Object. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/cost-object/ (accessed: April 18, 2024).
American Psychological Association (APA):
Cost Object. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/cost-object/

Definition Sources

Definitions for Cost Object are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.