See attached document for questions.

Discussion topic 1: Direct labor cost is usually taken as the basis of allocation of manufacturing overheads to products. Keeping this in mind, respond to the following: What are the benefits of using direct labor as an overhead allocation basis? How has the usefulness of direct labor, as the primary basis for allocating overheads to products, been reduced in recent industrial history? The benefits of using direct labor as a basis for allocating overheads to products are accurately identified and explained with examples. Keep the following points in mind: The benefits of using direct labor as a basis for allocating overheads to products are accurately identified and explained with examples. The reduction of the usefulness of direct labor as the primary basis for allocating overheads to products is analyzed with relevant examples from recent industrial trends. Discussion topic 2: Analysis of cost behavior provides a way of determining how a specific cost will increase or decrease, based on changes in the activity levels. In this context, respond to the following: How is cost behavior analysis important to the management of an organization? Keep the following points in mind: The importance of cost behavior analysis is accurately identified and explained with pertinent examples