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Accounting (mult-choice question)
Which of the following combinations best describes the meaning of the words allocation and apportionment in an absorption costing context?
Allocation Apportionment A) fixed overheads variable overheads B) variable overheads fixed overheads C) cannot trace to cost centre can trace to cost centre D) can trace to cost centre cannot trace to cost centre An explanation would also be helpful so I can understand why.. Thanks! |
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