3 Ways to Allocate Costs to Multiple Support Departments (Direct, Step-down, and Reciprocal methods)

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  • เผยแพร่เมื่อ 25 ส.ค. 2024
  • This video discusses three different ways to allocate the costs of multiple support departments when the support departments provide services to each other. The key question is how to treat the costs of services that the support departments provide to each other. The Direct Method does not allocate any of these costs, the Step-down Method allocates some of these costs, and the Reciprocal Method allocates all of these costs.
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ความคิดเห็น • 22

  • @melissalopez-davila655
    @melissalopez-davila655 4 ปีที่แล้ว +14

    I think this guy teaches better than my professor thank you Edspira!!!

  • @calumharris7574
    @calumharris7574 6 ปีที่แล้ว +47

    Thanks. Somehow my prof managed to make this super complicated.

    • @Edspira
      @Edspira  6 ปีที่แล้ว +1

      No problem. Thanks for watching Calum!

  • @niharraval7682
    @niharraval7682 8 หลายเดือนก่อน +1

    Thank you so much professor, I came across this and I have my exam in a week. Thank you very much, this helped me a lot! Please keep up the great videos!

  • @RVC0902
    @RVC0902 2 ปีที่แล้ว +4

    thank you so much. I'm doing a cost accounting class without lectures so these videos really help to explain the concepts.

    • @Edspira
      @Edspira  2 ปีที่แล้ว +1

      You're very welcome!

  • @ritikjassal649
    @ritikjassal649 4 ปีที่แล้ว +1

    YOU'RE THE BEST I NEVER STUDY THE WHOLE SEMESTER AND GUESS WHAT I STILL MANAGE TO GET A CREDIT STUDYING 2 DAYS BEFORE THE EXAMS ALL CREDIT GOES TO YOU.

  • @depressedterrestrial6821
    @depressedterrestrial6821 6 ปีที่แล้ว +27

    Instead of teaching, my professor shows your videos. Thanks for being an actual instructor, I guess.

  • @MyFinancialFocus
    @MyFinancialFocus 2 ปีที่แล้ว +2

    Interesting. Super cool to see the application of the different methods.

  • @sudaishussain5041
    @sudaishussain5041 5 ปีที่แล้ว +1

    You've just saved my ass, you are a man sculptured from greatness

  • @pavanicolombage500
    @pavanicolombage500 3 ปีที่แล้ว +4

    Thank you professor. You just simplify the complicated stuffs into simple learning. Could you please tell me in a situation where cost allocated for each department is not given, only the no. of hours allocated for the department given., how to calculate the departmental OH rate? Isn't it similar to plant wide OH rate?

  • @tayloraitken1095
    @tayloraitken1095 5 ปีที่แล้ว +1

    Thank you so much! I was very confused by my Prof's explanation

  • @fatimahassan7273
    @fatimahassan7273 7 ปีที่แล้ว +2

    Very clear explanation thank u soo much sir

  • @maggieq7697
    @maggieq7697 หลายเดือนก่อน

    Thank you.

  • @kristenmawbey8831
    @kristenmawbey8831 5 ปีที่แล้ว

    This video helped me heaps! thank you so much!

  • @youssefvgy
    @youssefvgy 4 ปีที่แล้ว

    Very helpful , thank you very much

  • @WolveriX100
    @WolveriX100 5 ปีที่แล้ว +1

    Thank you

  • @astroanna123
    @astroanna123 5 ปีที่แล้ว +1

    thanks!

  • @USbachelor
    @USbachelor 4 ปีที่แล้ว +1

    Helped with CMA exam

  • @Saverick1985
    @Saverick1985 3 ปีที่แล้ว +1

    Something happened with the video. you can not read anything it's like a tunning vhs tape :/