Answer:
The appropriate labels for classifying the relationship between the cost object (a single physical copy of a book) and the following two costs of production are:
Direct cost: The cost of paper can be classified as a direct cost since it is directly traceable to the cost object, which is the physical copy of the book. Without paper, the book cannot be produced.
Indirect cost: The authors' one-time fees can be classified as an indirect cost since it is not directly traceable to the cost object. The fees are incurred in the production process of the book, but they are not tied to the production of a single physical copy of the book. The fees may be incurred for the entire book or for a specific number of copies, but they cannot be traced to a single copy of the book. Therefore, they are considered an indirect cost.
Step-by-step explanation: