Question: A material requisition form is: A document that specifies the type and quantity of materials that are to be drawn from the storeroom A document


A material requisition form is: A document that specifies the type and quantity of materials that are to be drawn from the storeroom A document that specifies the type and quantity of materials that are to be drawn from the storeroom and identifies the job to which the costs of materials are to be charged A document that specifies the quantity of materials that are to be drawn from the storeroom and identifies the job to which the costs of materials are to be charged A document that specifies the type of materials that are to be drawn from the storeroom and identifies the job to which the costs of materials are to be charged An allocation base is a measure of activity, such as direct labour-hours or machine-hours, that is used to assign costs to cost objects. When calculating predetermined overhead rates, the allocation base used should be the main cost driver of manufacturing overhead costs. True False
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