What You'll Learn!
2. Learning objectives for this course
3. Insider tips and things you should know make your course experience great!
4. My contact information for question
5. Why you should consider the 3-Point Formula for allocation costs to various departments
6. Cost assignment fundamentals
2. The inputs and calculating the Mass Formula (and 3-Point Formula)
3. Inputs for other industry formulas for interdepartmental cost allocations
4. Sample calculation and journal entries used for the Massachusetts Formula
2. 3-Factor, 2-Factor, and arbitrary approaches
3. The ServCo
4. Departments to include in allocating common costs
5. Cost fairness doctrine
2. Common questions and concerns from Department Heads
3. Potential answers to address concerns
4. More common questions and concerns
5. More potential answers
2. Certificate of completion and course evaluation
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Frequently Asked Questions
Course Accreditation, Requirements, and Refund and Cancellation Policy
Program Level: Basic
Area of Study: Accounting - Technical
Delivery: QAS Self Study
Prerequisites: None
Advanced Preparation: None
CPE Credits: 0.50
Last Reviewed: 8.1.24
Access Period: 12 months
Exam Questions: 5
Passing Grade: 70%
Retakes: Unlimited