acc560 week 3 discussion 1

acc560 week 3 discussion 1 - Discuss what has happened in...

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Discuss what has happened in recent industrial history to reduce the usefulness of direct labor as the primary basis for allocating overhead to products. Today more companies reduce the usefulness of direct labor as the primary basis for allocating overhead to products,  due to the tremendous changes in manufacturing environment, such as advances in computerized systems,  technological innovation, global competition, and automation.  However, advances in computerized systems,  technological innovation, and automation lead to drastically decrease the amount of direct labor required, and  significantly increase overhead costs from depreciation on equipment and machinery, utilities, repairs, and  maintenance.    In addition, for increasing global completion, product diversity has increased in that companies are 
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This note was uploaded on 02/01/2012 for the course ACCT ACC560 taught by Professor Lorij.perez during the Spring '10 term at Strayer.

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