Which of the following is one of the steps used in assigning manufacturing overhead costs to individual jobs?
A)combine different cost objects into pools
B)assign direct costs to the cost object
C)identify the direct cost pools associated with the job
D)calculate the direct cost allocation rate for each direct cost pool
E)select the cost-allocation base to use in allocating indirect costs to the cost object

Question

Quizplus · Accepted Answer

The step used in assigning manufacturing overhead costs to individual jobs is selecting the cost-allocation base to use in allocating indirect costs to the cost object. This is because manufacturing overhead costs include indirect costs that cannot be traced to a specific job without the use of a cost-allocation base. The other options listed are steps in the costing process, but not specific to assigning manufacturing overhead costs.

Which of the Following Is One of the Steps Used