Traditional cost allocation methods include which of the following?
A)plantwide allocation,only.
B)department allocation,only.
C)activity-based costing.
D)plantwide and department allocation.

Question

Quizplus · Accepted Answer

Traditional cost allocation methods include both plantwide allocation and department allocation. Activity-based costing is a relatively newer cost allocation method that focuses on allocating costs based on the specific activities that drive those costs, rather than just allocating based on broad categories like departments or plantwide overhead.

Traditional Cost Allocation Methods Include Which of the Following