Step-down method

From CNM Wiki
Revision as of 14:07, 11 July 2020 by QiratH (talk | contribs) (Created page with "Step-down method is cost allocation method that partially recognizes the mutual services provided among all support departments. Also called sequential allocation method....")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Step-down method is cost allocation method that partially recognizes the mutual services provided among all support departments. Also called sequential allocation method.

Definitions

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

Step-down method. Cost allocation method that partially recognizes the mutual services provided among all support departments. Also called sequential allocation method.