Dual-rate method

From CNM Wiki
Revision as of 12:27, 10 July 2020 by QiratH (talk | contribs) (Created page with "Dual-rate method is allocation method that classifies costs in each cost pool into two pools (a variable-cost pool and a fixedcost pool) with each pool using a different c...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Dual-rate method is allocation method that classifies costs in each cost pool into two pools (a variable-cost pool and a fixedcost pool) with each pool using a different cost-allocation base.

Definitions

According to Cost Accounting by Horngren, Datar, Rajan (14th edition),

Dual-rate method. Allocation method that classifies costs in each cost pool into two pools (a variable-cost pool and a fixedcost pool) with each pool using a different cost-allocation base.