Fixed Factory and Variable Factory Overhead Cost : A. True or False / Fixed factory overhead changes...
Fixed Factory and Variable Factory Overhead Cost :
A. True or False / Fixed factory overhead changes in total over the relevant range, based on production.
B.True or False / Fixed factory overhead per unit does not change over the relevant range.
C. True or False / Variable factory overhead does change in total over the relevant range.
D. True or False / Activity based costing is used to allocate overhead cost pools based on single basis such as direct labor hours or machine hours.
Homework Answers
| A. | FALSE | |
| Fixed factory overhead does not change in total over the relevant range, based on production | ||
| B. | FALSE | |
| Fixed factory overhead per unit changes over the relevant range | ||
| C. | TRUE | |
| Variable factory overhead does change in total over the relevant range | ||
| D. | FALSE | |
| Activity based costing is used to allocate overhead cost pools based on multiple basis (Cost drivers) | ||
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