All of the following are reasons to assign estimated, Ask an Expert

Accounting

All of the following are reasons to assign estimated overhead to inventory except:

Managers need cost information as soon after production as possible.

Managers need to know if production costs are higher than expected as soon as possible.

Managers need to use estimated overhead to control earnings.

All of the above are reasons to assign estimated overhead.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M990652

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