Question: Please be sure to include your references for your postings. Thank you for your research. A)Please distinguish between direct labor and indirect labor. ( a

Please be sure to include your references for your postings. Thank you for your research.

A)Please distinguish between

  1. direct labor and indirect labor.
  2. (a) factory overhead and (b) selling and administrative overhead.
  3. direct material and indirect material.

B) Why must a company estimate the amount of factory overhead assigned to individual jobs or job lots?

C) The chapter used a percent of labor cost to assign factory overhead to jobs. Please identify another factor (or base) a company might reasonably use to assign overhead costs.

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