Question: Direct labor-hours and direct labor dollars are the most common allocation bases used in the United States (indeed, throughout the world). Why do you suppose

Direct labor-hours and direct labor dollars are the most common allocation bases used in the United States (indeed, throughout the world). Why do you suppose they are used more than others?


Step by Step Solution

★★★★★

3.27 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

There are two primary reasons that cost allocation bases ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

108-B-M-A-J-O-C (510).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!

Q:

List the most common allocation bases used in job costing and describe the circumstances in which each base would be most appropriate.

Q:

Direct labor hours and direct labor dollars are the most common allocation bases used in the United States. Why do you think they are used more than other allocation bases?

Q:

C13 1-4 ? 1-6. BACTERIAL GROWTH & COMPONENTS OF MACROMOLECULES Suppose you discover a one-foot black and white sphere in Central Park and you suspect it is a new organism. If it really is alive and...

Q:

- What are your Company's Vision, Mission and Core Values? - Are there indications that these resonate with the employees? (Give some specific examples that employees consider the company Vision,...

Q:

is it the right time for HURBS to focus in cross -selling or should he focus on new customers acquision ? why? 2. Dunia Finance LLC Analytics function has been a true franchise builder for Dunia...

Q:

QUESTIONS TO BE ANSWER IN ENGLISH LANGUAGE a brief analysis in 200-400 words in which you do the following: Explain what methods the leaders used to measure organizational performance. Were their...

Q:

QUESTIONS TO BE ANSWER IN ENGLISH LANGUAGE a brief analysis in 200-400 words in which you do the following: Explain what methods the leaders used to measure organizational performance. Were their...

Q:

QUESTIONS TO BE ANSWER IN ENGLISH LANGUAGE a brief analysis in 200-400 words in which you do the following: Explain what methods the leaders used to measure organizational performance. Were their...

Q:

PLEASE COMPLETE NO LATER THAN 10/14 @3:30PM Each question(1,2,& 3) must be a minimum of 200 words. Please EXPLAIN answers in FULL detail and make answers knowledgeable based off the attached reading,...

Q:

PLEASE COMPLETE NO LATER THAN 10/14 @3:30PM Each question(1,2,& 3) must be a minimum of 200 words. Please EXPLAIN answers in FULL detail and make answers knowledgeable based off the attached reading,...

Q:

How much can the client deduct on his tax return for the business and what items can he deduct? the equipment is New Commercial HVAC Unit value of the equipment? 55000 4 3D Printers valued at...

Q:

Which of the following illustrates a tax shelter? a) Dividend income b) Interest earned on a savings account c) A stock purchased for $10 that is currently worth $25 d) Interest earned on a municipal...

Q:

According to the efficient markets hypothesis, professional investors will earn: Multiple Choice excess profits, but only on short - term investments. excess profits over the long term. a dollar...

Q:

Jeff typically makes 80% of his field goals. Steve typically makes 60% of his field goals. Suppose they both have the opportunity to kick 3 field goals. a. What is the probability Jeff will succeed...

Q:

Cash Dividends Kerry Company has 1,000 shares of $100 par value, 9% preferred stock and 10,000 shares of $10 par value common stock outstanding. The preferred stock is cumulative and...

Q:

At the end of Roshek Department Store's fiscal year on December 31, 2015, these accounts appeared in its adjusted trial balance. Freight-In ...................... $ 5,600 Inventory...

Q:

A recent survey states that 48% of mobile devices are iPhones. In order to learn more about how the iPhone works, a student starts asking random people on campus if they use an iPhone. Assume that...

Q:

Mackey Department Store is located near the Village Shopping Mall. At the end of the companys calendar year on December 31, 2014, the following accounts appeared in two of its trial balances....

Q:

Based on IAS 16, state the four factors that should be considered when estimating the useful life of a non-current asset. [4 marks] i ii iii iv

Q:

How are activity-based costing and activity-based management similar? How do they differ?

Q:

Can activity-based management be implemented without an activity-based costing system?

Q:

Why is it important for managers to assess whether activities are value-added or non-value-added? What are some common non-value-added activities found in many businesses?

Q:

The following are the cash flows of two projects If the opportunity cost of capital is 11%. calculate the NPV for both projects. (Do not round intermediate calculations. Round your answers to 2...

Q:

Problem #10: Raymond Supply, a national hardware chain, is considering purchasing a smaller chain, Strauss & Glazer Parts (SGP). Raymond's analysts project that the merger will result in the...

Q:

Dinklage Corp. has 5 million shares of common stock outstanding. The current share price is $77, and the book value per share is $8. The company also has two bond issues outstanding. The first bond...