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#24 In an income statement segmented by product line, a fixed expense that cannot be allocated among product lines on a cause-and-effect basis should be:
#24
In an income statement segmented by product line, a fixed expense that cannot be allocated among product lines on a cause-and-effect basis should be: classified as a variable expense: pllocated to the peoduct lines on the bash of sales dollars. allocated to the product lines on the basis of segment margin. classified as a common fuxed eopense and not allocated. classified as a traceable foxed texpense and not allocated Step by Step Solution
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