Organisations use budgeted costs so they can calculate a predetermined indirect cost rate prior to actual costs becoming available.
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Q35: The full cost of a cost object
Q36: To develop a cost allocation formula entities
Q37: Indirect costs are allocated to cost objects
Q38: To be consistent in the cost assignment
Q39: Cost drivers can be volume drivers or
Q41: The allocation of indirect costs to cost
Q42: Regardless of method adopted the first step
Q43: Once the total cost pool for each
Q44: There are two support departments, Accounting and
Q45: A cost object cannot be:
A) a geographic
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