Why is it important to allocate overhead costs?

1
Emil Leuschke asked a question: Why is it important to allocate overhead costs?
Asked By: Emil Leuschke
Date created: Sat, Sep 4, 2021 12:15 PM
Date updated: Sun, Jun 26, 2022 2:15 AM

Content

Top best answers to the question «Why is it important to allocate overhead costs»

Overhead allocation is important because overhead directly impacts your small business's balance sheet and income statement. You have those expenses no matter what, and your accounting system requires you to keep track of them… Allocating overhead can also help you look for ways to cut your costs.

Your Answer