What's the difference between allocating and distributing costs?

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Allocating and distributing costs are two different methods of managing costing. PreviousNextJavaScriptmustbeenabledtocorrectlydisplaythiscontent Allocatinganddistributingcostsaretwodifferentmethodsofmanaging costing. Allocationsplitsacostforanobject,suchasadepartment,job,position,oraperson acrosscostaccounts. Distributionaddsthecostsofanelement tothecostingresultsofotherelementsinadistributiongroup. Typically,youdistributethecostsofemployerchargesandliabilities acrossagroupofearningselements. RelatedTopicsAllocateCoststoAccountsHowDistributedCostingIsCalculated



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