ECONOMICS

COST ACCOUNTING

METHODS OF COSTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many Chapters you have learn so far in this ACC416 subject?
A
1
B
3
C
5
D
6
Explanation: 

Detailed explanation-1: -There is no difference between using direct labor hours or direct labor cost as an allocation base.-If overhead costs are mostly determined by labor activity, regardless of seniority or skill, direct labor hours is probably the best allocation base.

Detailed explanation-2: -232, the only job still in process at the end of March, has been charged with manufacturing overhead of $2, 250. What was the amount of direct materials charged to Job No. 232? $4, 250.

There is 1 question to complete.