Dear Experts ,
I want to undersand allocation methodlogy management fees, and sales fees to the cost of product.
For example particular month 500 number production , (Material, labour, other Overhead) i alllocated based on production volume (labour mix ratio). My concern is management fee and sales how can i allocation based on past history based now allocated to product
Is this system is correct or some other any metod? becase managemen fee and sales fee is period cost so i used this method pls explaind