An Allocation Base for a Cost Pool Should Ideally Be

question 32

Multiple Choice

An allocation base for a cost pool should ideally be:

• A) machine hours.
• B) a cost object.
• C) a common cost.
• D) a cost driver.
• E) direct labor, either cost or hours.

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Definitions:

Explanations

Reasonings given to clarify how or why something happens or is done, providing understanding into the cause-and-effect relationships or mechanisms behind events.

Evolutionary Psychology

A theoretical approach in psychology that explains human thoughts and behaviors as adaptations, evolved to solve problems of survival and reproduction.

Evolutionary Psychology

A theoretical approach in psychology that seeks to explain mental and psychological traits—such as memory, perception, or language—as adaptations, i.e., as the functional products of natural selection.

Evolutionary Psychology

A theoretical approach in psychology that examines mental and psychological traits—such as memory, perception, or language—as adaptations, i.e., as the functional products of natural selection.