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Reciprocal allocation is employed when there is a mutual exchange of services between different cost centers within an organization. This technique takes into account the interdependencies between cost centers and allocates costs accordingly. For example, if the production department provides support to the marketing department, and vice versa, the costs of both departments will be […]

Minimal personal use (such as a stop for lunch between two business stops) is not an interruption of business use. Report the recapture amount as other income on the same form or schedule on which you took the depreciation deduction. Qualified business use of listed property is any use of the property in your trade