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[26] Which of the following statements best describes cost allocation? A company can maximize or minimize total company income by selecting different bases on which

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[26] Which of the following statements best describes cost allocation? A company can maximize or minimize total company income by selecting different bases on which to allocate indirect costs. A company should select an allocation base to raise or lower reported income on given products. A company's total income will remain unchanged no matter how indirect costs are allocated. OB A company should ordinarily allocate indirect costs randomly or based on an ability to bear criterion. OD

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