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ACC 202 Chapter 3
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typical cost drivers include
computer time
machine hours
flight hours
labor costs that are easily traced to a job are called ______ labor costs
direct
what kinds of manufacturing costs are assigned to units of production in absorption costing?
both variable and fixed manufacturing costs
depreciation on machinery, factory utilities, and factory supervisor's salary are examples of?
manufacturing overhead
what are some of the widely used allocation bases in manufacturing?
direct labor hours
direct labor cost
machine hours
units of production
the predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find:
overhead applied to the job
into which categories do companies generally classify manufacturing costs?
direct labor
manufacturing overhead
direct materials
a measure of activity used to assign overhead costs to products and services and sometimes called a cost driver is a(n) ___ ____
allocation base
Author
eddiewala
ID
295334
Card Set
ACC 202 Chapter 3
Description
Chapter 3
Updated
2015-02-09T06:33:30Z
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