Apple Inc. operates multiple manufacturing facilities worldwide. The company's management aims to allocate overhead costs...
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Accounting
Apple Inc. operates multiple manufacturing facilities worldwide. The company's management aims to allocate overhead costs to each facility accurately for performance evaluation. The cost accountant gathered data on various cost drivers, such as machine hours, square footage, and production output. The total overhead costs for the period were $15,000,000. Develop a cost allocation methodology that considers the unique characteristics of each facility and propose performance metrics to assess operational efficiency.
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