Examlex
You wish to take an Excel course.You may enroll at one within your school or you may take a community class at the local library.You've gathered the following information to aid in your decision-making process. If you enroll in the community class,you will be unable to work at your regular job on weekends for the eight weekend days when the class meets.If you typically earn $500 per weekend shift,which option would you choose (considering enrollment cost and opportunity cost) ?
Activity-Based Costing
A costing method that assigns overhead and indirect costs to related products and services based on the activities that generate the costs.
Direct Labor-Hours
It measures the total hours worked by employees directly involved in manufacturing a product.
Activity-Based Costing
A method of costing that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption.
Activity Rates
Predetermined rates used in activity-based costing to allocate costs to products or services based on specific activities undertaken.
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