How will you apportion the following expenses among various Departments?
Answers
Answer:
Principles for Allocation of Expenses:
Principles for Allocation of Expenses:The following principles should be noted for the purpose:
Principles for Allocation of Expenses:The following principles should be noted for the purpose:(a) Expenses relating to direct benefit of a particular department are charged to the department concerned, e.g., cost of special packing materials is charged to the specific department for which it is used.
Principles for Allocation of Expenses:The following principles should be noted for the purpose:(a) Expenses relating to direct benefit of a particular department are charged to the department concerned, e.g., cost of special packing materials is charged to the specific department for which it is used.PLEASE MARK ME BRAINLIST
Answer:
You can allocate indirect costs by taking your total indirect expenses and dividing them by some sort of allocation measure, like direct labor expenses, direct machine costs, or direct material costs. The formula gives you a ratio.
Explanation:
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