Cost allocation is the process of assigning which of the following costs to specific cost objects?
A) Overhead
B) Direct labor
C) Selling and administrative expenses
D) Direct materials

Question

Quizplus · Accepted Answer

Cost allocation primarily involves assigning overhead costs to specific cost objects, as direct labor and direct materials are directly traceable to cost objects, and selling and administrative expenses are typically not allocated to specific cost objects.

Cost Allocation Is the Process of Assigning Which of the Following