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1 year ago

Distinguish among the three methods of allocating the costs of support departments to operating departments.

Business

1 answer:

ale4655 [162]1 year ago

7 0

The three methods of allocating the costs of support departments to operating departments are:-

a. The direct (assignment) method ignores all services provided by one support organization to another support organization. Allocate the cost of each support department directly to the

operations department. The

b. step-down (allocation) method sequentially allocates support department costs to other his

support departments and operations departments in such a way that the

partially approves the mutual service of all support departments.

c. The Mutual (Attribution) process allocates support department costs to operations by fully authorizing the mutual services provided between all support departments.

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From year 1 to year 2, the real GDP of the economy increases by 20%.

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Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation. It reflects the value of goods and services produced in an economy.

<h3>What is the increase in real GDP?</h3>

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2 years ago

Chess Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 480 units that cost $6

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Answer:

The cost of ending inventory is $24314.

Explanation:

Under the average cost method, the inventory is valued at the average cost of all the inventory that is available from the start of the month and the purchases made.

The average cost of inventory can be calculated by summing up the total cost of beginning inventory and purchases and dividing it by the total number of units available for sale.

Average cost per unit = [ 480*65 + 720*68 + 360*70 ] / [480 + 720 + 360]

Average cost per unit = 67.538 rounded off to $67.54 per unit

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3 years ago

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Answer:

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