Small businesses that use job-order costing systems need to determine an allocation base to apply manufacturing overhead to jobs. Manufacturing overhead costs, those costs that are not directly ...

The Revenue Mobilisation Allocation and Fiscal Commission has recommended a five-year periodic review of the nation’s revenue allocation formula in line with the constitutional provisions. This was ...

The federal government, on Friday, acknowledged the fact that a new revenue allocation formula for the country was long overdue. Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, ...

A foundation member of the All Progressive Congress, APC, Osita Okechukwu, on Tuesday, backed the proposed review of the existing Revenue Allocation Formula, saying it is long overdue. Okechukwu ...