To develop a cost allocation formula entities need to decide on the number of indirect cost pools.
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Q31: The prime consideration when selecting a cost
Q32: Operating departments are the departments within an
Q33: The indirect cost rate is determined by
Q34: The first step in allocating indirect costs
Q35: The full cost of a cost object
Q37: Indirect costs are allocated to cost objects
Q38: To be consistent in the cost assignment
Q39: Cost drivers can be volume drivers or
Q40: Organisations use budgeted costs so they can
Q41: The allocation of indirect costs to cost
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