What Is Repeated Distribution Method
Repeated Distribution Method Is a Cost Accounting Technique in Which Costs of Each Service Department Are Repeatedly Allocated to Production Departments...
Repeated distribution method is a cost accounting technique in which costs of each service department are repeatedly allocated to production departments according to reasonable percentages until the balance left in service departments columns reaches zero.
What is step distribution method?
(ii) Step Distribution Method: Under this method the cost of most serviceable department is first apportioned to other service departments and production departments. The next service department is taken up and its cost is apportioned and this process goes on till the cost of the last service department is apportioned.
What is step down method?
Unlike direct method, the step method (also known as step down method) allocates the cost of a service department to other service departments as well as to operating departments. The cost allocation under step method is a sequential process.
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