Why must a company estimate the amount of factory overhead assigned to individual jobs or job lots?

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Why must a company estimate the amount of factory overhead assigned to individual jobs or job lots?

2006-09-17 04:12:07 · 4 answers · asked by chelton v 1 in Business & Finance ➔ Other - Business & Finance

4 answers

To start with, applying overhead costs gives a more accurate assessment of the real cost of the job. Also, the IRS requires it for tax reporting purposes.

2006-09-17 04:38:34 · answer #1 · answered by SuzeY 5 · 0⤊ 0⤋

Individual Jobs

2016-12-15 15:21:18 · answer #2 · answered by ? 4 · 0⤊ 0⤋

this way they can controll the means of production.

each worker is seen as a number, and what they are costing the company. they are trying to maximize productivity and minimize costs.

capitalism is organized crime!

2006-09-17 04:20:12 · answer #3 · answered by BCOL CCCP 4 · 0⤊ 0⤋

they need to do that to know the profit margin of the jobs and or company

2006-09-17 04:21:22 · answer #4 · answered by blzabobb 3 · 0⤊ 0⤋