Examlex
A general theory should do which of the following?
Overhead Application
The process of assigning overhead costs to specific cost objects such as products or departments.
Cost Distribution
The process of allocating indirect costs to different departments, projects, or products based on relevant criteria or drivers.
Cost Apportionment
The allocation of shared or indirect costs to different cost centers or cost objects based on a fair and reasonable basis.
Direct Method
A type of cost allocation that directly assigns expenses to specific cost objects, such as departments or products, without any intermediation.
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