Departments
- Accounting
Why departmentalization is a must for cost planning and control?
The responsible control of departmental expenses is equally essential in other than manufacturing activities. The following have or should have…
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Difference Between Direct And Indirect Materials
Indirect Materials and Factory Supplies. Distinguishing incorrectly between direct and indirect materials (the latter being part of overhead) has the…
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How To Categorize Direct Departmental Overhead Costs
Direct departmental overhead costs: Inasmuch as overhead is allocated to all products, a lax or incorrect classification results in direct…
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Why Do We Allocate Service Department Costs To Production Departments
The Reason why Service Department Costs are Often Allocated to Producing Departments: The selection and designation of service department has…
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What Are Producing Department And Service Department
What are producing department and service department? Division of the factory into separate, interrelated, and independently governed units is important…
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What Does Departmentalization Of Factory Overhead Mean
Departmentalization of factory overhead denotes dividing the plant into various segments called “departments” or “cost centers” to which expenses are…
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What Is Departmentalization Of Factory Overhead
The concept of DEPARTMENTALIZATION: Departmentalization of factory overhead means dividing the plant into segments called “departments” or “cost centers” to…
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Budgetary Control And Responsibility Accounting
Budgetary Control and Responsibility Accounting:In some previous blog posts we have discussed the establishment and use of one factory wide…
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