Topic: Cost allocation is arbitrary

Topic: Cost allocation is arbitrary

Subject:Accounting

Volume: 1 page

Type: Essay

Format: APA

Description
6-11 “Cost allocation is arbitrary, so there is nothing gained by it. We should report only the costs that we know are direct.” Do you agree? Why? 6-21 Why might two companies in the same industry have different cost systems? BOOK: Lanen, W. N., Anderson, S.W., & Maher, M.W. (2016). Fundamentals of cost accounting (5th ed.). Retrieved from https://www.vitalsource.com . please use book as a reference