Answer:
numerous cost pools and numerous cost drivers
Explanation:
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.
Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.
Cost pool is simply the amount of money spent by a firm on a particular activity.
Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.
Answer and Explanation:
The journal entry to record the flow of cost into department 3 is shown below
Work in Process - Department 3 $555,000
To Work in Process - Department 2 $555,000
(Being the flow of cost into department 3 is recorded)
For recording this we debited the work in process in department 3 as there is a flow and credited the work in process in department 2
The amount is came from
= $100,000 + $125,000 + $150,000 + $50,000 + $60,000 + $70,000
= $555,000
This is the answer but the same is not provided in the given options
Answer:
The correct answer is letter "A": Cause-and-effect diagram.
Explanation:
The Fishbone Diagram or Cause-and-effect diagram is usually called the Ishikawa Diagram because it was created by Japanese manager Kaoru Ishikawa (<em>1915-1989</em>) who was interested in improving quality control within organizations. The diagram is composed of a square that represents the fish head, a central line that represents its spine and four (4) arrows pointing the central line that represents the fishbones.
This tool is <em>useful for the analysis of problems that represent the relationship between an effect -the problem- and all the possible causes that generate it</em>.
I believe the answer is: Biodiesel
The word 'bio' in biodiesel is given because this diesel fuel is created from the fat of living organism (<span>vegetable oil, soybean oil, animal fat).
Biodiesel tend to produce less gas emissions compared to normal fossil fuel which make it better for the environment.</span>
Answer:
Current E& P $424,000
Explanation:
Taxable income $500,000
Add tax except interest $20,000
Excess of regular tax deprecation over E&P depreciation $40,000
Subtract:Federal income taxes(105,000)
Nondeductible meals and entertainment
( $18,000+$12,000) $30,000
Disallowed expenses related to tax-exempt income( 1,000)
Current E& P $424,000
