Which of the Following Is in the Correct Historical Order

question 47

Multiple Choice

Which of the following is in the correct historical order?

• A) Second Bank of the United States, Federal Reserve Act, Crash of 1907
• B) Crash of 1907, Federal Reserve Act, National Banking Acts
• C) First Bank of the United States, Crash of 1907, National Banking Acts
• D) Second Bank of the United States, National Banking Acts, Federal Reserve Act

Analyze the effect of different bases (machine-hours, direct labor-hours) on overhead rate calculation and job costing.

Understand the principles of job-order costing.

Calculate predetermined overhead rates for different departments or activities.

Allocate manufacturing overhead to specific jobs based on relevant activity bases.