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g for Managerial Decision Making ACCT203-01 2020-211 General MIDTERM EXAM The followings are the rules of Step-down method except Select one: a. The cost of
g for Managerial Decision Making ACCT203-01 2020-211 General MIDTERM EXAM The followings are the rules of Step-down method except Select one: a. The cost of the service department that renders service to the greatest number of other service departments should be allocated first. b.lf the cost of a service department is allocated, costs of other service departments should not be allocated backward. In show no backward allocation is done. c.Step-down method does not consider the relationships between service departments. d.All service department costs should only be allocated to the other departments. In other words, even though a service department renders service for itself, no cost allocation is performed to itself. e.If there are more than one service department that render service to the equal number of service departments, then, the one which has the highest cost should be allocated first. Jump to... A N Next pag
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