Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product. The reason why overhead cost cannot be directly linked to jobs.

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Answer 1

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Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.

Conclusion

Due to the above mentioned reasons, overhead costs cannot be directly linked to jobs.

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Answer 2

Question

100%

Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.

Conclusion

Due to the above mentioned reasons, overhead costs cannot be directly linked to jobs.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

100%

Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.

Conclusion

Due to the above mentioned reasons, overhead costs cannot be directly linked to jobs.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

100%

Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.

Conclusion

Due to the above mentioned reasons, overhead costs cannot be directly linked to jobs.

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Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

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Answer 6

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100%

Answer 7

Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.

Conclusion

Due to the above mentioned reasons, overhead costs cannot be directly linked to jobs.

Answer 8

Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.

Conclusion

Due to the above mentioned reasons, overhead costs cannot be directly linked to jobs.

Answer 9

Chapter 3, Problem 1Q

To determine

Overhead cost: Overhead cost is the indirect expense in a business. It is not directly involved in manufacturing or the delivery of a product.

The reason why overhead cost cannot be directly linked to jobs.

Answer 10

Expert Solution & Answer

Answer to Problem 1Q

Solution: The reason is that overhead costs are typically incurred for a period rather than for a particular job like in direct material and direct labour.

Answer 11

Expert Solution & Answer

Answer 12

Expert Solution & Answer

Answer 13

Explanation of Solution

Explanation:−

Direct material and direct labour costs are generally incurred for a particular job whereas manufacturing overhead is incurred for a number of jobs and typically incurred for a period which disables the ability to trace it to a particular job.

It is critical since it supports the profit generation objective of business. Like the direct costs incurred for the business, overhead cost cannot be linked directly to the generation of profits.