The step/s used in cost allocation include/s:
A) cost application.
B) cost distribution.
C) support department cost allocation.
D) All of the given answers

Question

Quizplus · Accepted Answer

All of the given answers are included in the step/s used in cost allocation. Cost allocation involves the process of assigning indirect costs to cost objects based on a reasonable allocation method, which may include cost application, cost distribution, and support department cost allocation.

The Step/s Used in Cost Allocation Include/s