1. Which of the following is likely NOT a reason for a company to allocate overhead cost? (1 Point) Calculate full cost of products for GAAP reporting Provide information for decision making Calculate the direct cost per unit Reduce frivolous use of common resources 2. Indirect cost is usually: (1 Point) Directly traced to products Not allocated to products Included in prime cost Allocated to products 3. A single overhead rate to be used for the entire factory is a: (1 Point) Factory direct rate Departmental overhead rate Manufacturing activity rate Screenshot