When it comes to cost allocation, there are various best practices that can be used. One is to thoroughly record the allocation process. This helps to guarantee that costs are allocated consistently throughout time, particularly when staff members are trained using the specified approach. Secondly, the selection made should be economical, meaning that it should take little time to finish and have a valid reason for choosing the particular method of cost allocation (Bragg, 2023). The information that is produced serves managerial purposes as well as illustrating cost allocation and utilization patterns across several departments