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reciprocal method

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

A technique using simultaneous equations to allocate a manufacturer’s service departments’ costs to both other service departments and to production departments.

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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