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Traditional vs . Activity - Based Costing: Traditional Costing Systems and Illustration of a Traditional Costing System - Knowledge Check Knowledge Check Direct labor is
Traditional vs ActivityBased Costing: Traditional Costing Systems and Illustration of a Traditional Costing System Knowledge Check
Knowledge Check
Direct labor is an appropriate basis for allocating overhead under which of the following conditions? Select all that apply.
There is a high correlation between direct labor and changes in the amount of overhead costs.
Direct labor constitutes a significant part of total product cost.
here is no correlation between direct labor and overhead costs.
The manufacturing environment is mostly automated.
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