Can you think of reasons why direct labour hours tend to be regarded as the most logical

Question:

Can you think of reasons why direct labour hours tend to be regarded as the most logical basis for sharing overheads between cost units? Try to think of at least one.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting And Finance For Non Specialists

ISBN: 9781292334691

12th Edition

Authors: Peter Atrill, Eddie McLaney

See More Books

Question Posted: Dec 24, 2023 05:37 AM

See More Questions

Why Vote? Voting is costly. If you vote in person, you have to find your polling place and often stand in line until you get to the voting booth to vote. If you vote by absentee ballot, you have to...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
CASE STUDY: PortCentric Versus Inland Location Decisions in Gothenburg, Sweden INTRODUCTION TO PORTCENTRIC LOGISTICS Portcentric logistics means locating a distribution facility at a port (Mangan et...
Write MATLAB code of the question. Do all parts and show code with comments and also attach a screenshot of code and outputs. Using the results of Problem 4.13, verify the following properties of WN...
What effect does the issuance of stock at a price above par value have on the issuers net income? Explain.
The small car, which has a mass of 20 kg, rolls freely on the horizontal track and carries the 5-kg sphere mounted on the light rotating rod with r = 0.4 m. A geared motor drive maintains a constant...
What are the different uses and applications of the Internet, intranet and extranet? LO.1
Consider Wal-Mart, a large retailer. Classify the following items as an Asset (A), a Liability (L), or Stockholders Equity (S) for Wal-Mart: a . _____ Accounts payable b. _____ Common stock c. _____...
Steinberger Company issued 10-year, 8% bonds with a par value of $1,000,000 on January 2, 2009, for $1,040,000. Interest is payable semiannually on June 30 and December 31. On December 31, 2010,...
Can you think of industries or businesses where job costing may be suitable? Try to think of at least two.
Marine Suppliers Ltd undertakes a range of work, including making sails for small sailing boats on a made-to- measure basis. The business expects the following to arise during the next month: Direct...
Consider a vertical cylindrical container partially filled with water. Now the cylinder is rotated about its axis at a specified angular velocity, and rigid-body motion is established. Discuss how...
From the perspective of organizational structure, design, and control, what have gone wrong at PNB? What factors have contributed to its current state of disarray? What should be done next to help...
Your goal is to advise the President on domestic economic policy. Role You are the chair of the Council of Economic Advisors (CEA) Audience Your audience is the President of the United States....
omework quiz 2.1 #1 stem plot The miles per gallon rating for 30 cars are shown below (lowest to highest). 19, 19, 19, 20, 21, 21, 25, 25, 25, 26, 26, 28, 29, 31, 31, 32, 32, 33, 34, 35, 36, 37, 37,...
Your answers are saved automatically. Question Completion Status: QUESTION 1 13 points Save Answer Library A computer memory manufacturer specifies that its memory chip stores data incorrectly an...
Analyze the possible reasons for and responses to Chung's request for a private office. What factors might impact Leary's decision? Identify at least two challenges and dilemmas in managing...
Companies should use budgeting for control of R & D expenditures. What is such budgeting specifically designed to achieve?
Subtract the polynomials. (-x+x-5) - (x-x + 5)
You have recently overheard the following remarks: (a) A favourable direct labour rate variance can only be caused by staff working more efficiently than budgeted. (b) Selling more units than...
You have recently overheard the following remarks: (a) When calculating variances, we ignore differences of volume of output, between original budget and actual, by flexing the budget. If there were...
Pilot Ltd makes a standard product, which is budgeted to sell at 5.00 a unit. It is made by taking a budgeted 0.5 kg of material, budgeted to cost 3.00 a kilogram and working on it by hand by an...
Management makes many judgements and estimates in preparing accounts, some of which will have a significant effect on the reported results and financial position. Give examples of ZAIN estimates and...
What is the NPV of a project with an initial investment of $350,000 and annual cash inflows of $150,000 for the next 10 years? Cost of capital is 13% A $436,721.21 B $442,901.59 C $452,932.43 D...
Journal DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Joumalize the entries for the following transactions. Refer to the Chart of Accounts for exact wording of...

Can you think of reasons why direct labour hours tend to be regarded as the most logical

Question:

Step by Step Answer:

The reasons that occurred to us are as follows Large jobs should logically attract large amounts of ...View the full answer

Accounting And Finance For Non Specialists

Students also viewed these Business questions