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What is cost apportionment?

Updated: 4/28/2022
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14y ago

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assignment ke liye chahiya..........haha... Cost accounting is the sharing of a total cost that was incurred by different cost centers. The total cost is apportioned (shared) among the different areas based on the most suitable condition for sharing the cost. For example the expense of rent is best shared on the basis of floor area and the expense of supervision is best shared on the basis of number of employees.

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Q: What is cost apportionment?
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Related questions

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.


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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


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The process of allocating congressional seats among the fifty states is called?

Apportionment


What is the relationship between apportionment and gerrymandering?

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How do use the word apportionment in a sentence?

The apportionment of seats in the senate was not fair to some parties.


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Primary distribution overhead cost is also called Departmentalization of overheads. It involves apportionment and allocation of overhead costs in the service and production departments.


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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.


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What is the process of dividing the number of Representative up amongst the states called?

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