Question: Name and explain two allocation rules and two allocation keys. Why are allocation rules and keys important to lower-level management? If you were a site

Name and explain two allocation rules and two allocation keys. Why are allocation rules and keys important to lower-level management? If you were a site manager in a chemical company, with a single incinerator for all sites located on your site and under your control, which rule and key would you favour? Give your reasons.

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Allocation rules and keys are important concepts in cost accounting and management accounting that are used to allocate indirect costs such as overhead costs to cost objects such as products services ... View full answer

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