Question: Which statement is false? a. Using a single plantwide allocation rate is the simplest method of allocating overhead costs. b. An allocation system that uses
Which statement is false?
a. Using a single plantwide allocation rate is the simplest method of allocating overhead costs.
b. An allocation system that uses departmental allocations rates is more refined than one that uses a plantwide allocation rate.
c. Allocation focuses on indirect costs.
d. The predetermined overhead allocation rate is based on actual costs.
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