cost allocation
US /kɔst ˌæləˈkeɪʃən/
UK /kɔst ˌæləˈkeɪʃən/
1.
the process of identifying and assigning costs to specific cost objects, such as products, services, departments, or projects
:
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Effective cost allocation is crucial for accurate financial reporting.
•
The company implemented a new system for cost allocation across departments.