Question: Question 1 1 ( 2 . 5 points ) Service firms: tend to use a lot of direct materials in addition to billable hours. tend
Question points
Service firms:
tend to use a lot of direct materials in addition to billable hours.
tend to incur few indirect costs that cannot be traced to specific clients or
accounts.
assign indirect costs to individual clients or accounts based on an allocation base
such as billable hours.
use process costing to assign costs to individual clients or accounts.
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