151.How do companies decide what allocation bases to use to allocate indirect costs to departments? 152.Describe the information found on a responsibility accounting performance report. ...

151.How do companies decide what allocation bases to use to allocate indirect costs to departments?

152.Describe the information found on a responsibility accounting performance report.

153.Define joint costs and explain how joint costs can be allocated.

154.In the process of preparing department income statements, a company uses there are three steps before the statements can be completed. Describe those steps.

155.What is the cycle time for a manufacturer? What does it reveal about the manufacturing process?