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One problem with using an actual cost system to allocate overhead is that: the o

ID: 1193269 • Letter: O

Question

One problem with using an actual cost system to allocate overhead is that:

the overhead allocation rate fluctuates as the actual allocation base, such as direct labor fluctuates

the overhead allocation rate fluctuates as actual overhead fluctuates

managers must wait until the end of an accounting period to receive information

All of these answers are correct

A.

the overhead allocation rate fluctuates as the actual allocation base, such as direct labor fluctuates

B.

the overhead allocation rate fluctuates as actual overhead fluctuates

C.

managers must wait until the end of an accounting period to receive information

D.

All of these answers are correct

Explanation / Answer

The correct answer is A) One problem with using an actual cost system to allocate overhead is that the overhead allocation rate fluctuates as the actual allocation base, such as direct labor fluctuates.