Question
Why aren't actual manufacturing overhead costs traced to jobs just as direct materials and direct labor costs are? Accountants are generally rather exact (after all,
Why aren't actual manufacturing overhead costs traced to jobs just as direct materials and direct labor costs are? Accountants are generally rather exact (after all, debits HAVE to equal credits) but there is a lot of estimating involved in overhead application. Should this overhead application process be reconsidered?
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Fundamental Financial Accounting Concepts
Authors: Thomas Edmonds
7th Edition
73527122, 978-0073527123
