Important aspect regarding to service cost centres, Cost Accounting

Important Aspect Regarding to Service Cost Centres

The basis selected should be one that is judged to be the mainly equitable way of sharing the service costs of department over the departments that use the service. Because that a particular and unique basis of apportionment may have to be derived.  This must reflect the employ made of the services provided.

Where possible, service department costs must be charged directly that is allocated.  As an example for, this would be maintenance wages and materials.  While a maintenance job is done for a department, the materials and wages employed would be charged directly to the department concerned.  In this way merely unallocated service department costs require to be apportioned.

Posted Date: 2/5/2013 7:01:02 AM | Location : United States

Related Discussions:- Important aspect regarding to service cost centres, Assignment Help, Ask Question on Important aspect regarding to service cost centres, Get Answer, Expert's Help, Important aspect regarding to service cost centres Discussions

Write discussion on Important aspect regarding to service cost centres
Your posts are moderated
Related Questions

compare tradition costing and activity costing methods of overheads abpsrption based on production units,labour hourd and machine hours

what is the role of cost accounting in business

what is marginal costing and explain concept of marginal costing

Beginning inventory on March 1 consisted of 2,000  units each costing $11.20 . During March, the following was purchased for inventory: Date Purchase

Average costing method has the following main advantages: 1.It is a realistic costing method useful to management in analyzing operating results and appraising future production

Andrew Industries is contemplating issuing a 30-year bond with a coupon rate of 7% (annual coupon payments) and a face value of $1000. Andrew believes it can get a rating of A from

Group Bonus Plan There are specific operations or jobs that require to be done collectively via a group of workers, as an example of, continuous production work flows in asse