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Support Department Costs
Costs associated with the functions that assist the operational activities of a company, including HR, IT, and maintenance services, indispensable for production but not part of the direct manufacturing process.
Sequential Method
A process approach where tasks or operations are performed one after another in a specific order.
ABC
Activity-Based Costing, a method of assigning overhead and indirect costs to specific products or activities based on their use of resources.
Step-Down Method
A method of allocating support department costs to production departments that considers some inter-support-department services in a sequential or step-down fashion. Also known as the sequential method.
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