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cost account Its better if its a computer writing but if ita hand writing please clear font Questions: 1. What do those term mean Allocation

image text in transcribedcost account
Its better if its a computer writing but if ita hand writing please clear font
Questions: 1. What do those term mean Allocation and Apportionment? Explain in detail the difference between them, and the proposes of them (provide example) ?(2 marks) 2- Solve this problem by using the secondary distribution on direct the production departments, Ti SR 20,000, SR 18,000 T 2 and T 3 SR 25,000 ( 2 Marks) The cost of service department: Canteen 1500 Power house (lighting) 1200 Power house (power) 4000 Stores 3600 Time-keeping & accounts 3000 Repair shop 4500 Other information: T2 T3 No of employees 30 25 20 No of light points 6 8 10 Horse power of machines 300 200 300 No of requisitions 4000 3000 Value of assets (SR) 100000 150000 200000 3- Assuming that prices are ( rising, falling and inflation) would impact on the inventory under LIFO and FIFO? ( explain the effects on cost of goods sold and ending inventory ) (1 Mark) 5000 1

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