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8. Companies often refine their cost allocation systems to minimize the amount of cost distortion caused by the simpler (traditional) cost allocation systems. Explain the
| 8. Companies often refine their cost allocation systems to minimize the amount of cost distortion caused by the simpler (traditional) cost allocation systems. Explain the meaning of cost distortion and the impact it can have on product costing within the manufacturing industry. Can cost distortion also be prevalent in service related industries? Why or why not? |
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