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4 years ago

A cost with a flat cost line within a relevant range that shifts to another level when volume significantly changes is a(n):

1 answer:

3 0

The cost described above is called STEP WISE COST. A step wise cost refers to an expense that remains the same over a range of production and change in lumps sum as the production volume fluctuates. Step wise cost remains constant over a relevant range of production volume.

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Cash may not include:

wel

Cash may not include <u>accounts receivable</u>. The Option C is correct.

Cash means a money in the physical form of currency such as banknotes and coins. In accounting, cash is a current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

The amount of the adjustment for uncollectible accounts would be $14,060. The Option D is correct.

<h2>What is an uncollectible accounts?</h2>

An accounts uncollectible refers to those receivables, loans or other debts that have virtually no chance of being paid. An account may be called an uncollectible for many reasons such as debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor or lack of proper documentation to prove that debt exists.

The adjustment for uncollectible accounts is computed as follows:

= (Accounts receivable * Rate of uncollectible accounts) - Allowance for uncollectible accounts

= ($246,000 x 6%) − $700

= $14,760 - $700

= $14,060

Read more about uncollectible accounts

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4 0

1 year ago

Feldpausch Corporation has provided the following data from its activity-based costing system:Activity Cost Pool Total Cost Tota

Alenkinab [10]

Answer:

Product margin= $11.03

Explanation:

<u>First, we need to calculate the activities rates:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 1,150,100 / 62,000= $18.55 per machine-hour

Processing orders= 54,554 / 1,860= $29.33 per order

Inspection= 194,310 / 2,550= $76.2 per inspection-hour

<u>Now, we can allocate overhead to Product W26B:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 18.55*1,610= $29,865.5

Processing orders= 29.33*65= $1,906.45

Inspection= 76.2*30= 2,286

Total allocated costs= $34,057.95

Unitary allocated overhead= 34,507.95 / 990= $34.86

Finally, the unitary cost and product margin:

Total unitary cost= 34.86 + 52.35 + 17.21= $104.42

Product margin= 115.45 - 104.42

Product margin= $11.03

3 0

3 years ago

What process uses warehousing to add value to a product through component modification, repair, labeling, and packaging?.

Reil [10]

Answer:

Customizing

Hope this helps :)

5 0

3 years ago

Hayim Accardi is the accounting manager for a small, local firm that has full- and part-time staff. How do FLSA guidelines regar

lora16 [44]

Answer:

The answer is below

Explanation:

According to a Fair Labor Standards Act, FLSA, guidelines regarding working hours apply to Hayim's employees in the following ways:

1. All the workers, (either full time or part-time) is entitled to remuneration based on minimum wage.

2. All the employees should work based on the guideline regarding maximum hours

3. The minimum age is applicable to all the employees

4. Remuneration of the employees must be based on the applicable Pay rates

5. There must be mandatory break periods for all workers, regardless if it is full time or part-time workers.

5 0

3 years ago

Does anybody know xxalvinaa

natita [175]

....................no

3 0

3 years ago