Question

If a cost is a common cost of the segments on a segmented income statement, the cost should:_________.
a. not be allocated to the segments.
b. be excluded from the income statement.
c. be treated as a product cost rather than as a period cost.
d. be allocated to the segments on the basis of segment sales.

Answer 1

Answer:

the correct answer is

If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.

Explanation:

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