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Helen [10]
2 years ago
15

Performance reports with more than one cost driver typically have more accurate variances than those based on one cost driver.

Business
1 answer:
Elena L [17]2 years ago
6 0

Answer:

true

Explanation:

I got it right lol

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Cheyenne is a manager at her company. She listens to an employee, Enu, voice his opinion about a policy that he disagrees with.
harkovskaia [24]

Answer: Professional benefits.

Explanation:

The illustration given in the question describes the professional benefit of listening. Cheyenne listened to her subordinates, which enabled her to identify the challenge her employees were facing and she was now able to solve the challenge, leading to a better work environment.

3 0
3 years ago
A truck acquired at a cost of $80,000 has an estimated residual value of $8,000, has an estimated useful life of 200,000 miles,
laila [671]

Answer:

a. The depreciable cost is $72000.

b. The depreciation rate is $0.36 per mile.

c. The depreciation expense for the year is $6480.

Explanation:

a.

The depreciable cost is the cost that is eligible for depreciation. It is calculated by deducting the residual value from the cost of the asset.

Depreciable cost = Cost - residual value

Depreciable cost = 80000 - 8000 = $72000

b.

The depreciation rate can be calculated by dividing the depreciable cost by the total estimated useful life of the asset.

The depreciable rate = 72000 / 200000 = $0.36 per mile driven

c.

The units of activity depreciation for the year is,

Depreciation expense = 0.36 * 18000 = $6480

6 0
3 years ago
Why are high-tax-bracket investors more inclined to invest in municipal bonds than are low-bracket investors?
Anika [276]

The coupons paid by municipal bonds are exempt from federal income tax and from state tax in many states. Therefore, the higher the tax bracket that the investor is in, the more valuable the tax-exempt feature to the investor.

4 0
3 years ago
On january 11, 2016, hughes company applied for a trade name. Legal Costs associated with the application were $20,000. In Jan.
wlad13 [49]

Answer:

1. Ending Carrying value value in 2016 = legal cost for application which is $20,000

Ending Carrying value in 2017 = legal cost of application in 2016 + legal fees incurred in 2017 = $20,00 + $8000= $28,000

2. The company should not amortize the trade as it was not impaired in 2016 and 2017.

The trade name can be amortized if it's useful life is known above which the company has determined that it will not use the trade name anymore, then it will be amortized over it's useful life.

6 0
3 years ago
Eastland’s government has a total national debt of $500 million, which is financed as follows: $100 million is held by other gov
luda_lava [24]

Answer:

The public debt owed by Eastland is $400 million

Explanation:

In this question, we are asked to calculate the amount of public debt in Eastland.

Public debt refers to the amount of money owed by a country to external borrowers.

It doesn’t include such debt that the country owes itself. For example, debts owed by one agency of government to another.

Hence to calculate the public debt of Eastland, we add the amount of debts owed by citizens of Eastland + Amount of debts owed by foreign citizens in Eastland .

Amount of debt owed by citizens of Eastland is $200 million while the amount of debt owed by foreign citizens is also $200 million.

Mathematically the public debt will be ; $200 million + $200 million = $400 million

4 0
3 years ago
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