Under step method of re-apportionment of costs of service departments, the cost of last service department is apportioned only to the …………..

Related MCQs

• The method of re-apportionment of overhead costs which is used when service department renders its services to other service departments but does not receive services of the other service departments.
• Certain overhead costs cannot be directly charged to a department or cost centres. The process of distribution of such overhead costs to various departments is called
• Material costs which cannot be allocated but which are to be apportioned or absorbed by cost centres or cost units.
• Rent and other building expenses may be apportioned to various departments on the basis of
• Lighting expenses are apportioned on the basis of: -
• Depreciation of plant and machinery is apportioned on the basis of:
• Under which method costs are collected & accumulated for each job: -
• ABC ltd. uses the following flexible budget formula to annual maintenance cost: Total cost = Rs. 6720 + Rs. 0.64 for machine hour The current month's budget is based on 20,000 hours of planned machine time. The maintenance cost included in this flexible budget for the current month is
• A statement prepared to provide detailed cost of a cost centre or cost unit is
• The process of distribution of overheads allotted to a particular department or cost center over the units produced is called: