लागत आवंटन

Cost allocation refers to the systematic process of identifying, assigning, and distributing costs associated with a product or project to various departments or cost centers within an organization. This practice ensures that all expenses related to product design, innovation, research, and production are accurately reflected, enabling informed decision-making and resource management. By effectively allocating costs, organizations can enhance financial transparency, optimize budgeting, and assess the profitability of their products or initiatives.