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Other Fields Homework Help Accounting Topic started by: punkybrewster on Mar 26, 2023



Title: Which of the following statements are true? A cost driver is a factor, such as machine-hours, beds ...
Post by: punkybrewster on Mar 26, 2023

Which of the following statements are true?

  1. A cost driver is a factor, such as machine-hours, beds occupied, computer time, or flight-hours, that causes direct costs.

  2. Job-order costing systems often use allocation bases that do not reflect how jobs actually use overhead resources.

  3. An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.



Only statement I is true.



Statements I and II are true.



Statements II and III are true.



All of the statements are true.



Title: Re: Which of the following statements are true? A cost driver is a factor, such as machine-hours, beds ...
Post by: shalasha on Mar 26, 2023
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