Chapter 5 in the textbook (Managerial accounting 15th edition Carl S. Warren & William B. Tayler)provides examples of allocation of support department costs in manufacturing settings for determining product costs. Why would allocation of support department costs be important in-service businesses, such as hospitals or universities?
Embed course material concepts, principles, and theories (requires supporting citations) along with at least one scholarly, peer-reviewed reference in supporting your answer. Need to be 2 pages in length
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