Sec. 561.19. Allocation of costs between water plant and operating expenses to be made currently

Each utility shall determine currently the costs which are applicable to the water plant accounts and in the case of costs involving allocation, the amount which is applicable to other accounts, such as operating expenses, taxes, retirement work in progress, other balance sheet accounts, and income accounts; the intent of this provision being that such costs shall be allocated to the accounts to which they are applicable when they are incurred.