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Alchen [17]
1 year ago
10

List the steps in allocating costs to operating departments and preparing departmental income statements, with the first step on

top. Instructions
Choice 1 of 3. Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department
Choice 2 of 3. Allocate indirect expenses to service and operating departments toggle button Allocate indirect expenses to service and operating departments
Choice 3 of 3. Allocate service department expenses to operating departments toggle button Allocate service department expenses to operating departments
Business
1 answer:
Amiraneli [1.4K]1 year ago
5 0

Accumulate sales, direct expenses, indirect expenses by department toggle button Accumulate sales, direct expenses, indirect expenses by department.

<h3>What is direct expenses?</h3>

A direct expense is one that is proportional to the volume of a cost object. Any item for which you are assessing expenses, including as items, product lines, services, sales areas, workers, and consumers, is referred to be a cost object.

Thus, option A is correct

For further details about direct expenses, click here:

brainly.com/question/3464708

#SPJ1

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In the long run, an increase in the money supply will affect the price level and real GDP of an economy in which of the followin
Mars2501 [29]

Answer:

1. Lower the interest rates in the economy.

2. Increase asset prices

Explanation:

Remember, increase in money supply looks at the total money made available in circulation in an economy. Alternatively it is called liquidation.

The real of an economy takes into consideration the impact of inflation on the value of goods and services produced in an economy.

Therefore lower interest rates as a result of increase in money supply would results in more consumption and borrowing.

While the price of houses, stocks would rise because of the increased money supply.

4 0
2 years ago
Investments in debt securities that the company actively manages and trades for profit are referred to as short-term debt invest
boyakko [2]

Answer: c. trading securities.

Explanation:

Trading securities are short term debt securities that a company buys in order to make a profit in that short term period. They actively manage and trade these securities and then trade them for profit.

It is an excellent way to gain return for any excess cash that the business has and they only invest in such things when they believe that there is a good chance of profit being made.

7 0
3 years ago
After purchasing a coffee cup from your local gas station for $5.00, you can always refill your cup for $0.50. The sunk cost of
Law Incorporation [45]

Answer:

$4.50

Explanation:

The sunk cost is the cost that has been incurred and is unrecoverable in the process of taking a financing decision.

If the cost of a coffee cup from a local gas station cost $5.00 and the cost of refill is $0.50, the coffee is the actual element needed and from the refill, it can be estimated that it costs $0.50.

Hence the sunk or unrecoverable cost is the difference between the coffee cup and the refill cost

= $5.00 - $0.50

= $4.50

3 0
2 years ago
One reason buy a home instead of rent a home is
xxTIMURxx [149]
<span>By renting a home instead of purchasing one, you are paying someone else's mortgage every month and getting nothing in return. While you are gaining a home to live in for the short term, in the long term you will gain nothing. When you purchase a home you will have a home that you own and that you cannot be evicted from as long as you pay your mortgage.</span>
4 0
3 years ago
Becker Products is a manufacturer and distributor numerous food products. The company recently reported earnings per share of $5
atroni [7]

Answer:

The intrinsic value = $469.15

Explanation:

<em>The price earning (P/E) ratio can be used to determine the price of a stock. This is done as follows:</em>

Price = EPS × P/E ratio

It is appropriate to use the industry average price-earning ratio   for the purpose of this valuation.

The intrinsic value = 19.75 × $5.50 = $469.15

3 0
3 years ago
Read 2 more answers
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