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Septeos Septeos
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A year ago
Which of the following is not a reason to allocate overhead?

▸ Unlike direct materials and direct labor, the amount of overhead actually incurred may not be known at the time a job is being worked on.

▸ Manufacturing overhead is an indirect cost that cannot be physically or economically traced back to a specific item.

▸ Some overhead costs are seasonal and should be spread over production for the entire year.

▸ Allocation is more accurate than tracing items directly to jobs.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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Keleko12Keleko12
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A year ago
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Septeos Author
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A year ago
Thanks
courtneyrmcd
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Yesterday
Good timing, thanks!
rileyjones420
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2 hours ago
Correct Slight Smile TY
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