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The Science Institute has three departments: Biology, Chemistry, and Physics. The institute's controller wants to estimate the cost of operating each department. He has
The Science Institute has three departments: Biology, Chemistry, and Physics. The institute's controller wants to estimate the cost of operating each department. He has identified several indirect costs that must be allocated to each department including $53,000 of indirect salaries, $9,500 of office supplies, and $41,500 of office rent. There are 500 students in the biology department, 200 in chemistry and 300 in physics. The director of the Institute wants to know how much of the indirect cost to allocate to each department. Based on this information Multiple Choice O the amount of the cost to be allocated is $104,000. the indirect cost is the "allocation base the students are the "cost objects" All of the answers are correct.
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