Flya Kite FI CO Chapter (3)

You can define cost allocation by assessment if the

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Unformatted text preview: nt if the composition of costs is not important for the receiver – for example, receiver cost centers rarely require detailed breakdowns of cafeteria costs. In our case, certain charges from the local utility company are known to be exclusively attributable to the Manufacturing cost centers. Therefore, once a month the utility charges are assessed from the Administration cost center to the Manufacturing cost centers. EXERCISE FI/CO18: REVIEW ACTUAL LINE ITEM EXERCISE REPORT REPORT – Review how the utility expenses have moved from cost center to cost center as assessed costs with no indication as to coming from the utilities cost element 75000000. Quarles: Flya Kite...
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