Question on: JAMB Accounting - 2015
The process of cost apportionment is carried out so that
A
indirect costs may be controlled
B
cost units could gather overhead as they pass through cost centres
C
variable costs may be controlled
D
common costs are shared among cost centres
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Correct Option: D
Cost apportionment is the sharing of commonly incurred expenses proportionately where two or more cost centres are involved
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