Overhead apportionment, allocation and allotment
Cambrige AS and A Level Accounting Notes (9706)/ ZIMSEC Advanced Accounting Level Notes: Overhead apportionment, allocation and allotment
- As already pointed out here at the first step of absorption costing involves the processes of:
- Allocation
- Allotment and
- Apportionment
- In very simple cases where there is only product none of this is necessary as overheads can be easily […]