The process of cost apportionment is carried out so that
FINANCIAL
JAMB 2015
The process of cost apportionment is carried out so that
- A. indirect costs may be controlled
- B. cost units could gather overhead as they pass through cost centres
- C. variable costs may be controlled
- D. common costs are shared among cost centres
Correct Answer: D. common costs are shared among cost centres
Explanation
Cost apportionment is the sharing of commonly incurred expenses proportionately where two or more cost centres are involved
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