Allocating Fixed Costs



Module 4 - SLP: Allocating Fixed Costs

Introduction

Allocation of cost is an important part for costing accounting. The aim of this allocation s to control and capture cost of production for company via assessing cost of input for each product. Beside this, they also assess to control fixed cost as well.

Discussion

Activity Based Costing

Activity Based Costing is costing methods that identifies each activity that is related to the product and then allocate cost either direct or indirect to the product cost. It has an ability to identify the relationship between activities & products as with costs and with ...