Allocation of service department costs, Cost Accounting

Allocation of Service Department Costs

Allocation of Service Department Costs to Production departments ,Service departments are those departments that provide support to production departments however do not engage directly in the production of the products as an example of the maintenance department, accounting department, and the legal department. Service departments give services to each other and at the similar time to the production department. These methods of allocating service costs involve:

1. Reciprocal Method

2. Step-wise Method

3. Direct Allocation Method

Posted Date: 2/5/2013 7:51:05 AM | Location : United States







Related Discussions:- Allocation of service department costs, Assignment Help, Ask Question on Allocation of service department costs, Get Answer, Expert's Help, Allocation of service department costs Discussions

Write discussion on Allocation of service department costs
Your posts are moderated
Related Questions

Flexible budgeting is a reporting system wherin the

Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances during the year, the board raises, lowers, or mainta

Place a prepared slide of Trypunosoma under tlic microscope and focus it under low power, You will observe large number of tiny spindle-shaped trypanosomes lying in the plasma alll

What are the four elements of the budgeting cycle?


Q. What kinds of benefits have communities realized due to FCA? Communities have understood the following benefits by using FCA: • Rates or tipping fees are set right and fa

weekly working hour 48 , hourly wage rate 15$ , price rate per unit 6$ , normal time taken per piece 36 minuets , normal output per week 220 pieces , actual output per week 275 pie

Mr. Marley is a wholesaler who buys and sells a wide range of products, one of which is the Laker. Mr. Marley sells 24,000 units of the Laker each year at a unit price $20. Sales o