When Job Order Costing Is Used in the Service Industry

question 149

True/False

When job order costing is used in the service industry, the allocation of indirect costs is normally based on direct labor hours.

---

Definitions:

Psychologists

Professionals specialized in the study and application of psychology, which involves understanding mental functions, behaviors, and processes.

Behavior

The actions or reactions of an individual or system in response to external or internal stimuli.

Extraversion

Extraversion is a personality trait characterized by orientation of one's interests and energies towards the external world and social interactions.

Conceptual Opposite

Refers to an idea or notion that is entirely different or opposed in nature, purpose, or function compared to another.