Allocation Base

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August 31, 2024 4 min read Definitions

Basis of Apportionment: Equitable Distribution of Costs

Accounting Management Apportionment Cost Accounting Allocation Base Cost Centres Overhead Costs

The basis used for the apportionment of costs between a number of cost centres when the costs are to be shared between them equitably. This article provides historical context, types, key events, detailed explanations, formulas, charts, applicability, examples, considerations, related terms, comparisons, interesting facts, famous quotes, and FAQs.