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Video of Allocating Service Department Costs, The Direct Method in Managerial Accounting course by Else Grech Accounting channel, video No. 24 free certified online
This video demonstrates how to use the direct method to allocate service (also called support) department costs to operating (also called revenue) departments. I use a flow chart method to ensure that the allocation method is clear.
Here is a link to the PDF with the question:
https://www.dropbox.com/s/ckjac87e4yqxlgd/Service%20Department%20Cost%20Allocation%20Example%201.docx?dl0
Thank you for watching my videos!
Else