=+(iv) Administration expense includes an allocation of HO expense, equal to 2% of net sales per division.
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=+(iv) Administration expense includes an allocation of HO expense, equal to 2% of net sales per division.
(vi) Financial expenses, including interest, insurance and rates, etc., include an allocation of non-traceable central financial expenditure equal to 4% of total capital employed per division.
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Related Book For
Accounting For Management Control
ISBN: 9780412374807
2nd Edition
Authors: David Otley And Kenneth Merchant Clive Emmanuel
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