Accounting · Cost Accounting
Which of the following would be the most appropriate basis for apportioning machinery insurance costs to cost centres within a factory?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The operating hours of the machinery in each cost centre
- 2The value of the machinery in each cost centre✓
- 3The floor area occupied by the machinery in each cost centre
- 4The number of machines in each cost centre
Correct answer
The value of the machinery in each cost centre
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