The usefulness of overhead allocations based on a plantwide overhead rate depends on two crucial assumptions: (1) the overhead cost is correlated with the allocation base; and (2) all products use overhead cost in dissimilar proportions.

Answer the following statement true (T) or false (F)


False

Business

You might also like to view...

Definitions of communication vary based upon an indication of success or accuracy. Which difference in definitions is the focus of this description?

A. level of observation B. intentionality C. denotative D. normative judgment

Business

Spontaneous sources of funds refers to all of the below EXCEPT

A) a bank loan. B) accruals. C) accounts payable. D) common stock.

Business

A sale of goods or services for $25 or more made to a buyer at home may be set aside within __________ days

A) three (3 ) business B) three (3 ) calendar C) five (5 ) business D) five (5 ) calendar

Business

Control quality generally includes all of the following EXCEPT:

a. Using management by objectives b. Repairing defects c. Providing specific measurements for quality assurance d. Implementing approved changes as directed by the project's integrated change control system.

Business