ACC 406 Study Guide - Midterm Guide: General Ledger, Quality Costs, Fixed Cost
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Select a letter A through D that corresponds to the description of that term. Some letters are used more than once. |
A. | Uses more than one rate to allocate overhead costs to products. |
B. | Uses only volume-based measures such as direct labor hours to allocate overhead costs to products. |
C. | Typically uses the most overhead allocation rates. |
D. | Focuses on the costs of carrying out activities. |
Term | ||
1. | Activity-based costing | |
2. | Plantwide overhead rate method | |
3. | Departmental overhead rate method |