Examlex
Use the Periodic table below to answer the following questions:
-Element 17 Cl. and 9
Allocated Cost
Expenses assigned to a specific department, project, or product, based on a formula or allocation method.
Budgeted Amounts
Estimates of revenues, expenses, and other financial activities for a future period, used for planning purposes.
Operating Departments
Divisions within an organization responsible for carrying out the main business activities directly related to generating revenues.
Two-Stage Cost
A method in cost accounting where costs are allocated to cost centers in two stages, first to departments then to products or services.
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