Question: a) Define cost centre and list three (3) examples af a cost centre (2 marks) b) State the bases of apportionment to a cost

a) Define cost centre and list three (3) examples af a cost

a) Define cost centre and list three (3) examples af a cost centre (2 marks) b) State the bases of apportionment to a cost centre (1 mark) )Using the 3 examples mentioned in part A above, prepate a table outining IL Two (2)overheads for each centre II. The respective basis of apportionment used to allocate for the respectve overheads (3 marks) dDefine product and period costi and explain how they impact finincial statements (2 marks) Fourte of reference (1 mark)

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aA cost center is a department within a company that incurs costs and expenses related to the companys operations The three examples of cost centers a... View full answer

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