In order to obtain more accurate product costs how do many


1. In order to obtain more accurate product costs, how do many companies allocate overhead?

A. They use activity-based costing

B. They use enterprise resource planning systems

C. They use just-in-time methods

D. The use total quality management systems

2. Indirect labor is considered a part of which of the following costs?

A. Production cost

B. Nonmanufacturing cost

C. Period cost

D. Raw material cost

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Financial Accounting: In order to obtain more accurate product costs how do many
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