Which of the following are service organisations not required to do?
A) Plan overhead costs
B) Control overhead costs
C) Determine product costing
D) Plan and control overhead costs

Question

Quizplus · Accepted Answer

Service organizations do not have traditional products that require product costing. They may have service fees or hourly rates, but these costs are typically not determined in the same way as a product cost. However, they are still required to plan and control overhead costs to ensure profitability.

Which of the Following Are Service Organisations Not Required to Do