Advantages of the 24-Hour Recall Method Include Short Administration Time

question 54

True/False

Advantages of the 24-hour recall method include short administration time, very little cost, and negligible risk for the client.

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Definitions:

Variable Factory Overhead

Indirect manufacturing costs that vary with the level of production, such as utilities or materials used in the production process.

Direct Labor-Hours

The total hours worked directly on the production or manufacturing of goods, often used to allocate manufacturing overhead.

Denominator Activity

The level of activity used to compute the predetermined overhead rate.

Applied Factory Overhead

The portion of factory overhead costs assigned to each unit of production, based on an estimated or predetermined rate.