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What are resource allocation name graphs?
What are the dominate method of resource allocation?Discuss with the help of example?
How was Descartes way of thinking connected to the scientific method?
The scientific method's first step is to form a question.
What is the fifth step in the scientific notation method?
form a conclusion
What are collecting data in scientific method of research study?
A step by step process that scientist use to answer questions and solve problem
What are the advantages of the Euler's modified method over Euler's method?
The advantage of the modified method is the improved accuracy - the error is of order h3 as opposed to h2, where h is the step size. Since the step size is required to be small for the methods to give fair approximations (h
Allocating costs using direct and step-down methods?
how does the direct method of cost allocation work
Cost Allocation Method in health care?
One can use 4 methods of Cost Allocation in Healthcare Finance:1. Direct Method2. Step-Down Method3. Double Apportionment Method4. Reciprocal Method
What are the difference methods of allocating the overheads of service cost centre?
There are three methods of service department allocation are in general use . 1- Direct method Ther direct method is the simplest the direct method allocates service department costs directly to the producing departments without regard for services rendered by service departments to each other. service department costs are allocated to production departments based on an allocation base appropriate to each esrvice department's function. 2- The step or step-down method Allocates some of costs of services rendered by service dapartments of each other. The step method derives its name from the procedure involved : the service departments are allocated in order, from the one that provides the most service to other service department down to the one that provides the least . 3- the reciprocal method Is the most complex and the most theoretically sound of the three methods. it is also known as the simultaneous solution method, cross allocation method, matrix allocation method,or double distribution method. The reciprocal method recognizes services rendered by all service departments to each other. BY AMIR KAMAL MASSOUD
Step down method and reciprocal method?
Both step-down method and reciprocal method belongs to the allocation metods which can be used to allocate support department costs to opertating department. (Now, I wanna tell you the three allocation methods are direct method, step-down method and reciprocal method.) First of all, the step-down method allocates some (but not all) support department costs to other support departments. Secondly, the first support department's costs are allocated to all operating and support departments that use its services. Then, each subsequent support department's costs are allocated to all operating and support departments that use its services, except any support department whose costs were already allocated. What's more, allocation order must be determined. For reciprocal method, first and foremost, the reciprocal method allocates all support department costs to other support departments. Secondly, the first step is to compute the total costs of each support department when its usage of other support department services is taken into consideration. In addition, support department costs are then allocated to all other operating and support departments that consume its services. I hope my answer can help your work. If I have some grammar mistakes, please point out, coz I am a Chinese adolescent. Thank you very much.
How do you figure step down allocation?
by using some financial methods plus some economical approaches
What are resource allocation name graphs?
What are the dominate method of resource allocation?Discuss with the help of example?
What is allocation method?
Reciprocity. Trade in kind.Planned Redistribution. Government handouts as well as government planning.Market allocation.
What are the two methods of representing a binary tree?
Two method of representing a binary tree is Static allocation, and Dynamic allocation
Describe about storage allocation?
Storage allocation is a method of saving overall disk space in computer programming terms. This method involves saving similar pieces of data in the same location.
What is difference between resource allocation graph and resource allocation graph algorithm?
The graph is the the actual picture that shows the resource allocation; the algorithm is the method used to produce that graph.
What kind of overhead allocation method results in the use of more than one overhead rate?
One method that accounts for all the overhead in a plant, for example, can be included in a single kind of overhead allocation.
Why is overhead allocation under ABC usually more accurate than either the plantwide overhead allocation method or the departmental overhead allocation method?
Because in ABC costing overheads are allocated based on activities performed by departments rather based on any rate or formula that's why as much activity any department perform as much cost will be allocated which is more accurate way of allocation.
