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Learn about overhead cost allocation and apportionment in cost accounting through this 29-minute lecture from NPTEL's Foundations of Accounting & Finance series. Master the traditional costing systems methodology and explore the systematic steps for distributing overhead costs across different departments and products. Gain valuable insights into cost accounting principles that align with UGC and AICTE certification requirements for Indian university course credits.
Syllabus
#27 Allocation & Apportionment of Cost | Foundations of Accounting & Finance
Taught by
NPTEL-NOC IITM