reciprocal method definition
A technique using simultaneous equations to allocate a manufacturer's service departments' costs to both other service departments and to production departments.
A technique using simultaneous equations to allocate a manufacturer's service departments' costs to both other service departments and to production departments.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.