Service organizations do not develop standard rates for which of the following?
A)Any service costs
B)Overhead
C)Direct materials
D)Labor

Name: Service organizations do not develop standard rates for which of the following? A)Any service costs B)Overhead C)Direct materials D)Labor
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Question

Quizplus · Accepted Answer

Service organizations typically do not have direct materials as a cost component because they primarily provide intangible products, unlike manufacturing organizations that require raw materials to produce goods.

Service Organizations Do Not Develop Standard Rates for Which of the Following