Assigning manufacturing overhead costs and other indirect costs is called:

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Cost allocation is the process of assigning indirect costs to cost objects (such as products or departments) based on a suitable allocation base, such as labor hours, machine hours, or square footage. Examples of indirect costs include rent, utilities, depreciation, and indirect labor. Cost allocation is essential for accurate product costing and decision-making.

Assigning Manufacturing Overhead Costs and Other Indirect Costs Is Called