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Which of the following is not typical of traditional costing systems? a. Use of a single predetermined overhead rate. b. Use of direct labor hours
Which of the following is not typical of traditional costing systems?
a. Use of a single predetermined overhead rate. | ||
b. Use of direct labor hours or direct labor cost to assign overhead. | ||
c. Assumption of correlation between direct labor and incurrence of overhead cost. | ||
d. Use of multiple cost drivers to allocate overhead. |
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