--%>
Assignment Help - homework help

Assigning Support cost

What are various methods to assign support cost?

E

Expert

Verified

Some of the methods to assign support cost are as follows:

A) Direct Allocation Method

B) Step-Down Method (also termed as Sequential Allocation Method)

C) Reciprocal Method

   Related Questions in Managerial Accounting

  • Q : Management accounting and financial

    What does the difference between management accounting and financial accounting suggest?

    		•
  • Q : Explain Cost Assignment Cost Assignment

    Cost Assignment: A procedure which identifies costs with activities, outputs, or another cost objects. In a wide sense, costs can be assigned to activities, processes, products, organizational divisions, and services. There are three

    		•
  • Q : Define Estimated Cost Estimated Cost :

    Estimated Cost: The procedure of projecting a future outcome in terms of cost, based on information accessible at the time. The estimated costs, instead of actual costs, are at times the basis for credits to work-in-process accounts a

    		•
  • Q : Why most of the larger businesses are

    Why most of the larger businesses are not managed as the single unit through one manager?

    		•
  • Q : Illustrate the effect of tax on the

    The U.S. market for rice is illustrated below.   The world pric

    		•
  • Q : Performance evaluation and

    Write down a short note on the Performance evaluation and control in decision making process?

    		•
  • Q : Avoidable interest The amount of

      The amount of interest that an organization would have avoided if it had not made the expenditures for an asset. Avoidable interest is calculated when an entity is self- constructing an asset. The cost of the asset can include material, labor, and overhead plus some interest. The c

    		•
  • Q : Main purpose of the business Briefly

    Briefly describe the main purpose of the business?

    		•
  • Q : Changing responsibilities of the

    Write a short note on the changing responsibilities of the management accountant?

    		•
  • Q : Duties of Partner The duties of each

    The duties of each partner: The partners are beneath a fiduciary duty towards one another to: Render true accounts; Account for private gains; and Refrain from competition with the partnership firm.