Business Tools for Career Readiness

Finance for
Non-Financial Professionals
Module 2

with David Standen, D.B.A.

Cost Allocation
Direct Costing
Uses only cost directly attributable to the
product or service

Cost Allocation
Direct Costing
Uses only cost directly attributable to the
product or service

Absorption Costing
Uses direct costs and some of the overhead
costs

Cost Allocation
Direct Costing
Uses only cost directly attributable to the
product or service

Absorption Costing
Uses direct costs and some of the overhead
costs

Full Costing
Uses direct costs and all overhead costs