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A materials requisition record is an example of a

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28) A materials-requisition record is an example of a source document.Diff: 2
Objective:4AACSB:Application of knowledge29) All costs other than direct materials and direct manufacturing labor are classified asindirect costs.
Diff: 1Objective:4AACSB:Analytical thinking30) To smooth fluctuating levels of output, separate indirect-cost rates should be calculatedfor each month.Diff: 2
Objective:4AACSB:Analytical thinking
31) Grounds-maintenance costs incurred during the summer months will distort indirect-cost rates that are computed monthly.Diff: 2
Objective:4AACSB:Analytical thinking32) One reason for using longer time periods to calculate indirect-cost rates is seasonalcost fluctuations.Diff: 2
Objective:4AACSB:Analytical thinking33) What are the direct costs of a job and in which source documents are they recorded?Diff: 2
Objective:4AACSB:Analytical thinking34) What is the difference between an actual cost system and a normal cost system?Diff: 2
Objective:4AACSB:Analytical thinking

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