Which step is NOT used in the allocation of indirect costs to cost objects?
A) Accumulate indirect costs for a period of time in a cost pool.
B) Select an allocation base for each cost pool.
C) Determine the percentage of the cost pool used for each cost object.
D) Measure the units of the cost-allocation base used for each cost object.
Correct Answer:
Verified
Q28: Accountants initially collect costs by some natural
Q37: Cost assignment is attaching costs to one
Q40: Cost allocation refers to an _.
A)actual tracing
Q41: A cost pool is a group of
Q43: Which is NOT a purpose of cost
Q44: Direct manufacturing costs are the same as
Q46: Allocation of costs to cost objects may
Q47: A century ago,a large proportion of labor
Q51: The wages of the janitor in the
Q69: Due to the decline in indirect costs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents