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F. Naz
F. Naz, Chartered Accountant
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Experience:  Experience with chartered accountancy
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true/false 1) predetermined overhead rates are used in

Resolved Question:

true/false

1) predetermined overhead rates are used in first-stage cost allocations but not in second-stage cost allocations

2) in general, traditional product costing methods allocate less cost to low-volume products and more costs to high-volume products than activity-based costing (ABC)

3) in general, low-volume products have a lower degree of complexity associated with them.

4) when overhead is applied based on the volume of output, high-volume products tend to subsidize low-volume products

5) the benefits associated with total quality management systems are generally intangible, indirect, and difficult to measure.

6) one potential disadvantage of the reciprocal method is it could overstate the cost of running the organization's service departments.
Submitted: 6 years ago.
Category: Homework
Expert:  F. Naz replied 6 years ago.
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