Question: cost accounting Q2. a) What are the differences between single and dual rate allocation? Explain with suitable examples. ( 2 Marks) b) Provide a numerical

cost accounting
cost accounting Q2. a) What are the differences between single and dual

Q2. a) What are the differences between single and dual rate allocation? Explain with suitable examples. ( 2 Marks) b) Provide a numerical example for single rate allocation and dual rate allocation and explain the process of allocating support department costs to the operating department, assuming that: - The company has two support departments "S1 \& S2" and two operating departments "O1 \& O2." - The company use the direct method to allocate support department costs. ( 2 Marks) Note: You are required to provide numerical examples assuming the values of your own and they should not be copled from any sources. (Chapter 8)

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