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Author Question: In the service sector, to achieve timely reporting on the profitability of an engagement, a company ... (Read 97 times)

JGIBBSON

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on: Mar 6, 2021

Question 1

In the service sector ________.
◦ direct labor costs are always easy to trace to jobs
◦ a budgeted direct-labor cost rate may be used to apply direct labor to jobs
◦ normal costing may not be used
◦ overhead is generally applied using an actual cost-allocation rate

Question 2

In the service sector, to achieve timely reporting on the profitability of an engagement, a company will use ________.
◦ budgeted rates for all direct costs
◦ budgeted rates for indirect costs
◦ actual costing
◦ budgeted rates for some direct costs and indirect costs
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by JGIBBSON on Mar 6, 2021

sokh

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JGIBBSON

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

dawsa925

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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