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Why is the cost allocation method used

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Reference no: EM13114689 , Length: 534 Words

Why is the cost allocation method used by an organization an important part of its cost accounting system? references to be included along with solution. 

Before discussing the importance of the cost allocation method adopted by organizations in their cost accounting system, let us understand what we mean by cost allocation?

Write your response in 500 words totoal and include references in end.

Reference no: EM13114689

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