Direct labor
1.Why is direct labor a poor base for allocating overhead in many companies? In what situation would it be a strong and better way to allocate overhead? What bases do you feel are the most commonly used by most large companies? Explain.
2.Describe the flow of budget data in an organization. Who are the participants in the budgeting process and how do they participate? What do you think the biggest challenges are when it comes to budgeting?