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Video of Allocating Service Department Costs, Reciprocal Method, Video 2 in Managerial Accounting course by Else Grech Accounting channel, video No. 28 free certified online
In this video I demonstrate how to use a flow chart method to allocate service (support) department costs to operating (revenue) departments using the reciprocal method.
Here is a link to the question:
https://www.dropbox.com/s/ckjac87e4yqxlgd/Service%20Department%20Cost%20Allocation%20Example%201.docx?dl0
Thanks for watching!
Else