All of the following are good reasons why managers allocate overhead costs to products EXCEPT: a....
All of the following are good reasons why managers allocate overhead costs to products EXCEPT:
| a. |
Because managers would otherwise have difficulty estimating the cost of direct materials and labor. |
|
| b. |
To give managers the information they need to make good decisions. |
|
| c. |
Because it is required by U.S. Generally Accepted Accounting Principles for external financial reporting. |
|
| d. |
To give managers incentive to efficiently use indirect manufacturing resources and activities. |
Homework Answers
Answer : Because managers would otherwise have difficulty estimating the cost of direct materials and labor.
Explanaion:
Overhead costs are allocated to products to provide information for internal decision making, to promote the efficient use of resources, and to comply with U.S. Generally Accepted Accounting Principles.So in the given option Because managers would otherwise have difficulty estimating the cost of direct materials and labor is an exemption to this definition.
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