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spreading common costs over cost centres on the basis of benefit received
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∙ 11y ago
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What is the difference between overhead allocation with overhead apportionment?
The following are the differences between allocation and apportionment. 1. Allocation costs are directly allocated to cost centre. Overhead which cannot be directly allocated are apportioned on some suitable basis. 2. Allocation allots whole amount of cost to cost centre or cost unit where as apportionment allots part of cost to cost centre or cost unit. 3. No basis required for allocation. Apportionment is made on the basis of area, assets value, number of workers etc.
Who can tax income without apportionment among states?
Congress can tax income without apportionment among states
Which describes the process by which employers must divide their costs into different categories?
Apportionment
What is combined overhead variance?
Combined overhead variance = fixed overhead variance + variable overhead varianceFixed Overhead :which remains fixed and donot change upto certain level of productionVariable Overhead: which keep changing with the change in production units.
How do you determine the overhead rate when applying overhead costs?
Using direct labor hours: Overhead rate = Total Overhead Expenses /Direct labor hours Using Machine hours: Overhead rate = Total Overhead Expenses /Machine hours
How do you calculate Overhead absorption rate apportionment?
Overhead rate : Overhead rate = total overhead cost / direct labor OR Overhead rate = Total overhead cost / machine hours.
Explain the difference between the overhead apportionment and overhead absorption?
If the cost can be tracked towards a cost object, then it is called overhead absorption. If the cost can not be tracked with respect to a specific cost center or cost object, then the entire cost is distributed to all the cost centers, based on the usage ratio. This is called Overhead apportionment. UdhayAnand AVB
What is Primary distribution overhead cost?
Primary distribution overhead cost is also called Departmentalization of overheads. It involves apportionment and allocation of overhead costs in the service and production departments.
What is the difference between overhead allocation with overhead apportionment?
The following are the differences between allocation and apportionment. 1. Allocation costs are directly allocated to cost centre. Overhead which cannot be directly allocated are apportioned on some suitable basis. 2. Allocation allots whole amount of cost to cost centre or cost unit where as apportionment allots part of cost to cost centre or cost unit. 3. No basis required for allocation. Apportionment is made on the basis of area, assets value, number of workers etc.
The process of allocating congressional seats among the fifty states is called?
Apportionment
What is the relationship between apportionment and gerrymandering?
The resulting district apportionment is known as a gerrymander. Gerrymandering is another term for apportionment. (might wanna research this one. idk.)
How do use the word apportionment in a sentence?
The apportionment of seats in the senate was not fair to some parties.
What is the origin of the term apportionment?
The legal term apportionment is derived from the Latin "portio" which means distribution or allotment in proper shares. Apportionment is a term used in law in a variety of senses.
What is an apportionment?
An apportionment is an act of apportioning or a state of being apportioned.An apportionment is an act of apportioning or a state of being apportioned.
What is reapportioment?
reallotment: a new apportionment (especially a new apportionment of congressional seats in the United States on the basis of census
What is the process of dividing the number of Representative up amongst the states called?
It's called apportionment or to apportion.
Who can tax income without apportionment among states?
Congress can tax income without apportionment among states
