munka istentisztelet
899 Points
Joined April 2011
ALLOCATION OF COST: allocation of cost is a process by which cost items are charged directly to the cost center. for example: electricity charges can be allocated to various departments if separate meters are installed, salary of stores clerk can be allocated to stores department etc.
APPORTIONMENT OF COST: now apportionment of cost is a process where u cant easily identify a cost to a particular cost or service center, for example if there is single electricity meter for the all department, then it becomes a little difficult to allocate the exact cost to a cost center, another example rent will have to be apportioned to various departments on the basis of fl oor space.