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https://ocw.mit.edu/courses/sloan-school-of-management/15-521-management-accounting-and-control-spring-2003/lecture-notes/web_class9.pdf
Methods of Allocating Costs - Overview 1. Review the three Method of Allocating Costs. - Direct Method - Step Down Method - Reciprocal Method 2. Discuss the strengths and weaknesses of each method 3. Winery Problem – platform for discussing Joint Cost Allocations 4. Review remaining cost allocation problems. 5. Summarize and Review.
https://interviewquestionsanswers.org/__Describe-some-of-the-methods-used-to-allocate-support-costs
Top Cost Accounting Interview Questions And Answers Guide. ... Describe some of the methods used to allocate support costs. Submitted by: Administrator. Headcount or number of pc's per cost centre. ... Describe some of the methods used to allocate support costs. ...
https://courses.lumenlearning.com/tcc-managacct/chapter/allocation-of-service-department-costs/
Accountants allocate service department costs using some type of base. When the companies’ managers choose bases to use, they consider such criteria as the types of services provided, the benefits received, and the fairness of the allocation method.
https://www.coursehero.com/file/p1lbojm/Describe-methods-which-may-be-used-to-allocate-support-costs-within/
43) Describe methods which may be used to allocate support costs within organizations containing multiple support departments. Discuss advantages and disadvantages of the various methods. Answer: Three methods which are used to allocate costs of support departments are; the direct method, the step-down method, and the reciprocal method.
https://www.accountingtools.com/articles/what-is-the-direct-allocation-method.html
The direct allocation method is a technique for charging the cost of service departments to other parts of a business. This concept is used to fully load operating departments with those overhead costs for which they are responsible. For example, the janitorial staff provides services to clean a
https://quizlet.com/25240318/3-allocating-support-costs-to-producing-departments-flash-cards/
Explain why it is better to allocate budgeted support service costs rather than actual support service costs. Allocating actual costs passes on the efficiencies or inefficiencies of the service department, something that the manager of the producing department can not control.
https://quizlet.com/59864842/ch-10-15-flash-cards/
Stand-alone- uses information pertaining to each user of a cost object as a separate entity to determine cost allocation weights Incremental- ranks individual users of a cost object in the order of most responsible for common costs and then ranking is used to allocate costs among those users.
https://www.coursehero.com/file/11919057/week-3-question-Allocating-Cost/
Support your position with evidence from the text or external sources There are three commonly used methods for allocating joint product costs. For product-costing purposes, a joint product cost usually is allocated to the joint products that result from the joint production process.95%(40)
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