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Define Simultaneous Equation Method And Repeated Distribution Method? |
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Answer» Simultaneous equation method:- is the method where the amount of each production department can be obtained by solving simultaneous method. Repeated distribution method:- is where the overheads of SERVICE department are DISTRIBUTED to other departments on agreed PERCENTAGE, and this process is repeated till the amount of overheads are exhausted to CONSIDER further APPORTIONMENT. Simultaneous equation method:- is the method where the amount of each production department can be obtained by solving simultaneous method. Repeated distribution method:- is where the overheads of service department are distributed to other departments on agreed percentage, and this process is repeated till the amount of overheads are exhausted to consider further apportionment. |
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