Question
Cost Allocation A. difficult to measure because they constitute a shared resources or the organization, such as administrative costs. B. sometimes called profit analysis, is
Cost Allocation
A. | difficult to measure because they constitute a shared resources or the organization, such as administrative costs. | |
B. | sometimes called profit analysis, is an analytical technique to determine the effects of volume changes on revenues, costs, and profit. | |
C. | is not critical part of the costing process because it addresses the issue of how to assign the costs of support activities to the revenue-producing (patient services) departments. | |
D. | is a critical part of the costing process because it addresses the issue of how to assign the costs of support activities to the revenue-producing (patient services) departments. The goal of cost allocation is to assign all cost of an organization to the activities that cause them to be incurred. |
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