ACCT 526 FINAL Q & A/100% CORRECT ANSWERS Last document update:   ago

Overhead costs are assigned to production using an overhead application rate, whereas no such application rate is used to assign the costs of direct materials and direct labour to production. the reason for this difference in procedures is that: overhead is an indirect cost which cannot be traced easily and directly to specific units of a product an advantage of using regression analysis over the high low and scatter graph methods is that regression analysis is a more precede approach than ...