Cost allocation base. Cost allocation base is the variable that is used for allocating/assigning costs in different cost pools to different cost objects. A good cost allocation base is something which is an appropriate cost driver for a particular cost pool.ost allocation base. Cost allocation base is the variable that is used for allocating/assigning costs in different cost pools to different cost objects. A good cost allocation base is something which is an appropriate cost driver for a particular cost pool.
Baby boomers are those people born worldwide between 1946 and 1964, the time frame most commonly used to define them. The first baby boomers reached the standard retirement age of 65 in 2011. There are about 76 million boomers in the U.S., representing about 29 percent of the population.
The aging of this massive generation born between 1946 and 1964 will have significant implications for the entire country, according to a series of recent Census Bureau reports. Hereâs a look at the baby boomers as they begin to enter their retirement years: Aging population. By 2030, more than 20 percent of U.S. residents are projected to be age 65 or older, compared with 13 percent in 2010 (before any of the baby boomers turned 65) and 9.8 percent in 1970.