Cost of rent as an expense can be apportioned to all department on the basis…

Cost of rent as an expense can be apportioned to all department on the basis of:

  • A.
    No of employees
  • B.
    stock value
  • C.
    space occupied
  • D.
    wages
Correct Answer: Option C
Explanation

Indirect expenses are allocated among departments in order to ascertain the profits or loss made by each department

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