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A cost driver is a factor, such as machine-hours, that is used to allocate direct costs to a product. True O False

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A cost driver is a factor, such as machine-hours, that is used to allocate direct
costs to a product.
True
False

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