allocation

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Related to allocations: Asset Allocations

Allocate

On a balance sheet, to spread an expense over more than one accounting period. One of the most prominent examples of allocation is depreciation, which spreads the cost of an asset over a certain number of years.
Allocation and Apportionmentclick for a larger image
Fig. 7 Allocation and Apportionment . Budgeted production costs: departmental analysis.

allocation

  1. the breakdown of COSTS (and REVENUES) between different products, functions or company departments where it is possible to attribute costs (and revenues) directly to the departments where the cost (revenue) arises. For example, in analysing costs, the depreciation OVERHEADS of factory departments can be allocated precisely between the production departments where the specific fixed assets are located. Such allocations help in tracing responsibility for costs to the managers responsible, as well as assessing the profitability of different departments or products. Fig. 7 shows a typical departmental revenue/cost breakdown where some costs are precisely allocated while others are apportioned on an equitable basis. See BUDGETING, STANDARD COST.
  2. the process of assigning or ‘earmarking’ materials which are in STOCK in order to fulfil specified product orders. The stock of materials that has not been currently allocated is referred to as the ‘free balance’, which is available for allocation to future orders.
References in periodicals archive ?
Such is the case for the New York State Teachers' Retirement System (NYSTRS) whose investment overview states that "as a result of the increasing number of retirements, this monthly expenditure has increased from $275 million in 2002 to $350 million today." That fund considers equities to be one of the more attractive asset classes, yet the fund's strategy includes boosting its real estate holdings in 2005 to 8%, a number well above its current 6.8% real estate allocation.
Monitoring tracks the performance of strategies and projects, and compares them with expectations at the allocation and sanctioning stages to identify under-performers.
Finally, the need to allocate federal income tax to each subsidiary in the consolidated group under the mandated complementary method, and to compare the allocation with the charge or credit for financial reporting purposes, will add to the burden of this recordkeeping requirement.
ISLAMABAD -- The federal government has released Rs 365.99 billion against the total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new schemes.
National History and Literary Heritage Division against its allocation of Rs 272.703 million got Rs 11.740 million, Pakistan Atomic Energy Commission against the allocation of Rs 8127.990 million got Rs 1108.720 million, and Pakistan Nuclear Regulatory Authority received Rs 114.612 million against the allocations of Rs 321.530 million.
The final regulations on automatic allocation to an indirect skip subject to an estate tax inclusion period (ETIP) have been revised to match rules for a direct skip, so that the allocation to a direct or an indirect skip is deemed to be made at the ETIP's close.
- Rs 157.941 billion for National Highway Authority (NHA) against total allocation of Rs 185.197 billion
ISLAMABAD -- The federal government has released Rs417.38 billion for various ongoing and new schemes against the total allocation of Rs675 billion under its Public Sector Development Programme (PSDP) 2018-19.
Overall, Lamu got the least allocation of Sh2.5 billion.
The government also released Rs 17.76 billion for AJK (block and other projects) out of its allocations of Rs25.8 billion, and Rs8.2 billion for Gilgit Baltistan (block and other projects) out of its allocations of Rs 17.5 billion.
An amount of Rs 1.44 billion has been released for Finance Division out of its total allocations of Rs 12.34 billion and Rs 540.68 million have been released for Climate Change Division out of its total allocations of Rs 802.7 million for the current year.
Water Resource division received Rs10.5 billion out of total allocation of Rs77.9 billion under PSDP 2018-19.