Question: Cost allocation involves: o Identifying a cost driver for each cost to be allocated. O All of the answers are correct. O Calculating an allocation

Cost allocation involves: o Identifying a cost driver for each cost

Cost allocation involves: o Identifying a cost driver for each cost to be allocated. O All of the answers are correct. O Calculating an allocation rate for each cost to be allocated. O Multiplying the allocation rate by the weight of the cost driver

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