- Study guides, Class notes & Summaries

cost pool a grouping of individual indirect cost items cost allocation base a systematic way to link an indirect cost or group of indirect costs to cost objects job costing system In this type of system the cost object is a unit of multiple units of distinct product or service. Each one uses different amounts of resources. The product or service is often a single unit, such as a specialized machine made at Hitachi, a construction project managed by Bechtel Corporation, a repai...

cost pool a grouping of individual indirect cost items cost allocation base a systematic way to link an indirect cost or group of indirect costs to cost objects job costing system In this type of system the cost object is a unit of multiple units of distinct product or service. Each one uses different amounts of resources. The product or service is often a single unit, such as a specialized machine made at Hitachi, a construction project managed by Bechtel Corporation, a repai...