COST ALLOCATION
Channel: CHITKARA UNIVERSITY RESEARCH & INNOVATION NETWORK
Date: 19/03/2020

COST ALLOCATION by Ms. Harshita Bhargave                                                                      
True financial performance of each department.
No set procedure for cost allocation.
Direct cost is debited to individual departments.
Indirect cost or unallocated cost which is to be allocated to different departments.
Various basis of indirect cost allocation.
Synonyms -  Cost apportionment, cost division, cost distribution and cost appropriation ( Important for fill ups )