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Essay specific features
Written by:
Mike S
Date added:
February 8, 2015
Level:
University
Grade:
A
No of pages / words:
10 / 2565
Was viewed:
5455 times
Rating of current essay:
Essay content:
When using Traditional Cost Accounting, the sum of a company's overhead is allocated among products based on some sort of volume measure. The most commonly used volume measures are labor hours and machine hours. The assumption in TCA is that there is a direct relationship between overhead and the volume of output based on the volume measure (Value Based Management, 2005)...
displayed 300 characters
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When using Traditional Cost Accounting, the sum of a company's overhead is allocated among products based on some sort of volume measure. The most commonly used volume measures are labor hours and machine hours. The assumption in TCA is that there is a direct relationship between overhead and the volume of output based on the volume measure (Value Based Management, 2005)...
displayed 300 characters
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