Explain the cost objective?

 

Meaning	Cost object may be defined as 'anything for which a separate measurement of cost is required. It may be a product, service, activity or process etc.
Examples	Some examples of cost objects are as follows
		Cost Object	Examples
	1 .	Product	Computer                  Phone, TV, Car.
	2.	Service	Hotel, Hospital Service, Transport service.
	3.	Process	Spinning process, Weaving Process in a Textile Mill
	4.	Activity	purchase order, Receiving deliveries of materials, cting materials, Storing materials in the store.