UNIT 3
Overhead Costing
Features, Classification
Features of Overhead Costing Overhead costs have several distinct features that differentiate the...
methods of allocation
1. Traditional Allocation Methods (Plantwide and Departmental Rates) 🏭 These methods rely on a si...
apportionment, absorption
Overhead costing involves a series of steps to ensure that indirect costs are accurately assigned...
Primary and secondary distribution (Repeated distribution method)
Primary Distribution of Overheads 🧾 Primary distribution is the initial process of allocating and...