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8) Service Firms: A. Tend to use a lot of direct materials in addition to billable hours. B. tend to incur few indirect costs that
8) Service Firms:
A. Tend to use a lot of direct materials in addition to billable hours.
B. tend to incur few indirect costs that cannot be traced to specific clients or accounts.
C. use process costing to assign costs to individuals clients or accounts
D. assign indirect costs to individual clients or accounts based on allocation base such as billable hours
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