How is joint cost allocation like service department cost allocation?

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Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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Question Posted: Apr 26, 2012 02:40 AM

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In what ways is joint cost allocation similar to the allocation of fixed costs? In what ways is it different?
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How is joint cost allocation like service department cost allocation?

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The two situations are similar in that the conceptual treatment of the allocation p...View the full answer

Fundamentals of Cost Accounting

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