ACCT 301 – 3

  

Q1  What are support departments, and why are their costs allocated to other departments? What process is used to allocate support department costs? 

Q2 How are joint costs allocated? Explain and analyze using numerical example.

.

Q 3 How are budget variances calculated and used as performance measures? Provide numerical example?

Q1 What are support departments, and why are their costs allocated to other departments? What process is used to allocate support department costs?

Q2 How are joint costs allocated? Explain and analyze using numerical example

.

.

Q 3 How are budget variances calculated and used as performance measures? Provide numerical example?