The best definition of allocated fixed costs is:

Question

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Allocated fixed costs are fixed costs that cannot be traced directly to a customer or a specific product or service. These costs are often overhead costs that are incurred to support the overall operation of the business, such as rent, utilities, and salaries of administrative staff. While they cannot be directly linked to a particular customer or product, they are still necessary expenses for the business to operate.

The Best Definition of Allocated Fixed Costs Is