COST ACCOUNTING
METHODS OF COSTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How many Chapters you have learn so far in this ACC416 subject?
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1
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3
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5
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6
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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.