Asked by Joana Cabrera on May 23, 2024
Verified
In the two-stage cost allocation,________ costs are allocated to operating departments,and the operating department costs are allocated to ________.
Operating Departments
Divisions within an organization responsible for carrying out the main business activities directly related to generating revenues.
Two-Stage Cost
A method in cost accounting where costs are allocated to cost centers in two stages, first to departments then to products or services.
- Comprehend the fundamentals and approaches of distributing costs to different departments in an organization.
Verified Answer
NS
Learning Objectives
- Comprehend the fundamentals and approaches of distributing costs to different departments in an organization.
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