Author: Melvin Potot

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For instance, direct allocation can be used for easily traceable costs like departmental supplies, while step-down allocation might be applied to more interconnected services such as facilities management. Reciprocal allocation...

Which type of overhead rates, plant wide, departmental or ABC are determined using a two stage cost allocation process? When are activity based overhead rates needed to provide accurate product costs? In the sections above,...

This method calculates the tax based on your corporation’s total gross assets and the ratio of issued shares to authorized shares. Your corporation will owe an estimated $400 for each $1,000,000 in gross assets. The...

Each year the State of Delaware calculates your corporation’s franchise tax obligation based on the Authorized Share Method. See our handbook glossary for more information about authorized shares. For more help with tax...