1. In order to obtain more accurate product costs, how do many companies allocate overhead?
A. They use activity-based costing
B. They use enterprise resource planning systems
C. They use just-in-time methods
D. The use total quality management systems
2. Indirect labor is considered a part of which of the following costs?
A. Production cost
B. Nonmanufacturing cost
C. Period cost
D. Raw material cost