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Overheads are allocated and apportioned to cost centres
Recognise the diversity and complexity of operations
Tend to apportion to great a share of product to high volume products..
Use both production volume related and transaction base cost drivers…
..Which of the following are ways of activity base costing and which are of tradational absorption costing ?
🙁Q.. Which of the following focus on reduction in labour cost..
Method study
Total quality managment
Life cycle costingPlease don’t simply ask me questions – the book you found them in surely has answers!!
Say what your problem is with the answer and I will try and help you.
Sir infact i found these questions in mock and dont have any answers
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Tommorow is my paper and still havent found any answer. 🙁 🙁 🙁For your first question, the second and fourth statements relate to activity based costing. The first and third relate to absorption.
For your second question, it is method study.
(I don’t know who prepared the mock exam but they are both very poor questions – especially the second, and I am surprised they did not provide you with answers after you had attempted it!!)
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