GEN COMBO MANAGERIAL ACCOUNTING FOR MANAGERS; CONNECT 1S ACCESS CARD
GEN COMBO MANAGERIAL ACCOUNTING FOR MANAGERS; CONNECT 1S ACCESS CARD
4th Edition
ISBN: 9781259911682
Author: Eric Noreen
Publisher: McGraw-Hill Education
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Chapter 6, Problem 6.10Q
To determine

Concept introduction:

Activity based costing is a method of allocation of overhead costs on the basis of different activities and their allocation bases. Under this method the costs of each activity is allocated to the products on the basis of their allocation rates.

To indicate: The reason for activity based costing being considered unacceptable for external financial reports.

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