Question: n this course, we have learned many different allocation methods to allocate indirect costs (single rate, dual rate, ABC, support department cost allocation, joint cost

n this course, we have learned many different allocation methods to allocate indirect costs (single rate, dual rate, ABC, support department cost allocation, joint cost allocation). Describe why the allocation of indirect costs is such a critical topic in cost accounting. Be specific and provide a comprehensive answer. DO NOT DESCRIBE THE METHODS. Provide reasons for cost allocations.

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