The acquisition costs of all materials that are identified as part of the cost object and that may be traced to the cost object in an economically feasible way is called direct material cost.

True is a Certified Educator in Personal Finance (CEPF®), contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

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