TAILIEUCHUNG - Lecture Managerial accounting: Creating value in a dynamic business environment (10/e): Chapter 17 - Ronald W. Hilton, David E. Platt

Chapter 17, allocation of support activity costs and joint costs. After completing this chapter, you should be able to: Allocate service department costs using the direct method and the step-down method, use the dual approach to service department cost allocation, explain the difference between two-stage cost allocation with departmental overhead rates and activity-based costing (ABC),. | Allocation of Support Activity Costs and Joint Costs Chapter 17 Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 17: Allocation of Support Activity Costs and Joint Costs Service Department (Cafeteria) Service Department (Accounting) Service Department (Personnel) Production Department (Machining) Production Department (Assembly) The Product Second Stage Allocations Production department overhead costs, plus allocated service department costs, are applied to products using departmental predetermined overhead rates. Service Department Cost Allocation First Stage Allocations Service department costs are allocated to production departments. 17- A service department such as the Personnel Department or the Cafeteria must exist in order for an organization to carry out its primary function. Therefore, the cost of running a service department is part of the cost incurred by

• Tài chính doanh nghiệp
• Managerial accounting
• Dynamic business environment
• Cost management
• Financial accounting
• Activity costs
• Joint costs
• Managerial accounting for managers
• Lecture Managerial accounting
• Profitability analysis
• Decision making
• Operations management majors
• Nonmanufacturing costs
• Classifications of costs
• Kế toán quản trị
• Managerial accounting information
• General cost classifi cations
• Product costs
• Process costing
• Standard costing systems
• Accounting information
• Managerial decision
• Process management
• Financial statement
• Cost concepts
• Managerial accounting basics
• Managerial cost
• Period costs
• Lecture Financial and managerial accounting
• Financial statements
• Managerial decisions
• Reporting manufacturing activities
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Relevant costing
• Accounting activities
• Business activities
• Income statement
• Accounting cycle
• Accounting for merchandising operations
• Merchandising operations
• Capital budgeting decisions
• Time value of money
• Income taxes
• After tax cost