Method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as

Method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as Correct Answer incremental cost allocation method

Method which ranks cost object incurred by individual users, in ranking order of more responsible users is classified as incremental cost allocation method. Cost allocation methods are designed to allocate costs not necessarily associated with a product, to the appropriate products to get a realistic estimate of costs so that a proper price can be determined for a particular product.

Related Questions

In incremental cost allocation method, cost object user who is ranked third in ranking order is classified as
In incremental cost allocation method, cost object user who is ranked second in ranking order is known as
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A costing system, which focuses on individual activities as particular cost object is classified as
Joint cost allocation method, in which individual product from joint products must gain a gross margin percentage is classified as
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In normal costing, situation in which allocated amount of indirect cost is greater than incurred cost, is considered as
Costing system, which classify cost into cost categories in a way when an expense is incurred in process is called