Question: 26. A cost allocation rule is the method or process used to assign the costs in the A) cost allocation; cost pool. B) Cost pool;
26. A cost allocation rule is the method or process used to assign the costs in the
A) cost allocation; cost pool. B) Cost pool; cost object. C) cost object; cost pool. D) cost pool; opportunity cost
27. The cost of the direct labor will be treated as an expense on the income statement when
A) payroll costs are paid. B) products are completed. C) products are sold. D) payroll costs are incurred
28. The corporate controller's dalary would be considered a(n): A) administrative cost. B) manufacturing cost. C) selling expense. D) product cost.
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