1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vanyuwa [196]
2 years ago
6

When a company creates overhead rates based on the actions it performs, it is employing an approach called.

Business
1 answer:
Tanya [424]2 years ago
6 0

When the overhead rates of a company are created based on the actions performed, this is called activity-based costing.

<h3>What is activity-based costing?</h3>

This refers to a type of costing where a company comes up with manufacturing overhead rates that have to do with the actions performed to make production happen.

For instance, the activities of labor or the manufacturing machines can be used to determine the overhead rates.

In conclusion, creating overhead rates based on the actions it performs is called activity based costing.

Find out more on activity-based costing at brainly.com/question/6654166

#SPJ1

You might be interested in
Whispering is a corporation that sells breakfast cereal. Based on the accounts listed below, what are Whispering's total trade r
Leto [7]

Answer:

the total trade receivable is $12,300

Explanation:

The computation of the total trade receivable is shown below:

= note due from customer + Due and unpaid from this month's sales + Due and unpaid from last month's sales

= $1,570 + $9,730 + $1,000

= $12,300

Hence, the total trade receivable is $12,300

The other items would not be considered as it is not a trade receivables

8 0
3 years ago
What factors make capital appreciation bonds (CABs) a controversial method for local governments to finance projects
sineoko [7]

The factors that make capital appreciation bonds (CABs) a controversial method for local governments to finance projects include "Local governments tend to owe investors way above the amount borrowed."

Another factor that makes capital appreciation bonds (CABs) a controversial method for local governments to finance projects is that they enable local governments to fund new projects without raising taxes.

Capital appreciation bonds (CABs) is often described as a form of municipal security whereby its interest on principal rises and compounds until maturity.

Capital appreciation bonds (CABs) allows investor earns a sole payment indicating the face value of the bond and all accrued interest.

Hence, in this case, it is concluded that Capital appreciation bonds (CABs) are a controversial method of financing projects.

Learn more here: brainly.com/question/14325978

5 0
2 years ago
On December​ 31, Sulfur Corporation has the following data​ available: Net Income $ 140 comma 000 Market price of one share of c
GarryVolchara [31]

Answer:

Earnings per share

= <u>Net income - Preferred dividend</u>

 No of common stocks outstanding

= <u>$140,000 - $40,000</u>

   300,000 shares

= $0.33 per share

Price-earnings ratio

= Market price per share

 Earnings per share

=  <u>$6.00</u>

   $0.33

= 18

Explanation:

There is need to calculate earnings per share, which is net income minus preferred dividend divided by number of common stocks outstanding at the end of the year. Finally, we will calculate price-earnings ratio, which is the ratio of market price per share to earnings per share.

7 0
3 years ago
Suppose the total monetary value of all final goods and services produced in a particular
polet [3.4K]

im gone go for D hhalf oral Iran

7 0
3 years ago
term in 2013, bodily corporation reported $300,000 pretax accounting income. the income tax rate for that year was 30%. bodily h
Neporo4naja [7]

The Bodily corporation's income tax payable for the year 2013 will be $54,000 at 30% tax rate.

Given,

Pretax accounting Income: $300,000

Unused net operating loss =$120,000

Income tax rate = 30%

Bodily's income tax payable for 2013 would be =

(300000 -120000) *30% = $54000

A tax levied against people or organizations (taxpayers) in proportion to their income or profits is known as an income tax.  Tax rates multiplied by taxable income are typically used to calculate personal income taxes. Tax rates might change depending on the taxpayer's attributes and source of earnings.

As taxable income goes up, the tax rate might also (referred to as graduated or progressive tax rates). Corporation tax, which is often imposed at a fixed rate, is the name given to the tax charged on businesses.

The complete question is here:

In 2016, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that year was 30%. Bodily had an unused $120,000 net operating loss carryforward from 2011 when the tax rate was 40%.

Bodily's income tax payable for 2013 would be:

a) $90,000

b) $72,000

c) $54,000

d) $42,000

Learn more about income tax here:

brainly.com/question/17075354

#SPJ4

5 0
1 year ago
Other questions:
  • Suppose a museum charges different entrance fees for children, students, adults and seniors, but these groups all pay the same a
    5·1 answer
  • When preparing the statement of cash flows using the indirect​ method, a decrease in current liabilities is added to the net inc
    6·1 answer
  • Ruel Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th
    14·1 answer
  • Carlson Company uses a predetermined rate to apply overhead. At the beginning of the year, Carlson estimated its overhead costs
    13·1 answer
  • Jenna wishes to deposit $250 in the bank every month in order to save for the future. Which of these options will best suit her?
    7·1 answer
  • What is credit risk management?​
    6·1 answer
  • ryugvbhjwfbdussssdjvvvvvvvvvvvvvvvjjjjjjjjjjfjfjffffffjffffffffffffffffffffffjjjjjjjjjjjjjjjjjjjjjjjj
    5·1 answer
  • Cooper Company has an average demand of 50 units per day. Lead time from the supplier averages 20 days. The combined standard de
    9·1 answer
  • On January 1, 2017, Waterway Co. enters into a contract to sell a customer a wiring base and shelving unit that sits on the base
    11·1 answer
  • The panel of economists appointed by the senate finance committee estimated that the cpi ______ inflation by approximately _____
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!