Which is not a reason for allocating internal costs to cost objects?
A)Managers should be charged for benefits received by departments (or products) under their control
B)US GAAP requires allocation of factory overheads
C)To determine the selling price of products
D)To determine the amount to be reimbursed under a cost-reimbursement contract
E)All of the above are reasons for allocating internal costs to cost objects

Question

Quizplus · Accepted Answer

The Answer is C

Which Is Not a Reason for Allocating Internal Costs to Cost