Step IV) A further step was to compute cost object,which was an outcome multiplied by between a cost driver rate and a unit/volume count for specific service.
The cost object refers to the costs of a specific product (or) a specific service that focuses on this study. It derives from which individual cost driver rate multiplies a total unit counted in each activity and subsequently summed up is equal to the Cost Object.
The following table presented how the cost
object was computed