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22nd Edition
ISBN: 9780077632878
Author: Wild
Publisher: MCG
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Chapter C, Problem 6QS
To determine
Introduction:
Activity Based Costing
• Activity Based Costing is a method of cost allocation, whereby costs are assigned to activities performed and cost per unit of activity driver is calculated and assigned to units of activities performed.
• Activity drivers could be cost allocation units such as orders, batches, area occupied etc. Activity based costing favors cost allocation on the actual units of activity carried out as opposed to the standard method of
To Determine:
Total Overhead cost allocated to Department 1 using activity based costing
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