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Yakvenalex [24]
4 years ago
7

If the allocation base in the pre-determined overhead rate does not drive overhead costs, it will nevertheless provide reasonabl

y accurate unit product costs because of the averaging process. A. True B. False
Business
1 answer:
navik [9.2K]4 years ago
4 0

Answer:

B. False

Explanation:

  • The production costs are the cost that is involved in the formation of a product and they include the direct labor and material and the consumer production supplies and the  factory overhead.  
  • The production cost can also be also to be considered to be the cost of the labor that is delivered to a service to the consumer. The overhead cost includes the insurance, the interest, and the legal fees, and does not involve an averaging process.
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Positively Rivet Inc. is a small machine shop that produces sheet metal products. It had one line dedicated to the manufacture o
Montano1993 [528]

Answer:

Don't ask so many questions at the same time ok

6 0
3 years ago
Wenjing purchases a bond for $2,000 with 12 remaining $40 quarterly coupon payments. The bond broker who sells her the bond reas
egoroff_w [7]

Answer:

Wenjing

The par value that would result in the return the bond broker promises is:

= $1,333.

Explanation:

a) Data and Calculations:

Bond amount paid = $2,000

Quarterly coupon payments = $40

Remaining coupon payments = 12

Bond maturity period = 3 years (12/4)

Promised returns per quarter = 3%

Par value of bond = Quarterly premium/Quarterly returns in percentage = $1,333 ($40/0.03)

Check: 3% of $1,333 = $40

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8 0
3 years ago
What situation best illustrates the role of businesses in the circular flow of goods?
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Answer:

C, a company makes a new line of kitchen appliances

Explanation:

Just did it

8 0
3 years ago
In a statement of cash flows, interest payments to lenders and other creditors should be classified as cash outflows for a. oper
Sonbull [250]

Answer:

The correct answer is letter "A": operating activities.

Explanation:

Operating Activities are the daily processes conducted by a company to generate income. They pertain to the company's core business activity such as sales and manufacturing and they provide most of the cash flow that determines whether a business is profitable.

When it comes to the Financial Statements the situation is not different. Interest payments to lenders and other creditors can be part of the day to day activity of a company. That is the reason why they are recorded in the operating activities section.

3 0
4 years ago
Most MNCs tend to start their operations in a particular region by selecting primarily from their own pool of managers. Over tim
Alekssandra [29.7K]

Answer: Because of increase in pressure from the local governments to employ locals and the increase in costs of expatriate staffing, especially when the firm has to pay taxes for the workers of the parent-company in both countries.

Explanation:

Most MNCs usually start their operations in a region by selecting primarily from their pool of managers. With the passage of time and increase in internationalization, multinational corporations move to a regiocentric or polycentric policy because of

• increasing pressure which could either be implicit or explicit from local governments to employ locals or legal restraints on using expatriates.

• the greater costs of staffing of expatriate especially when tax has to be paid for the parent-company workers in both countries.

4 0
3 years ago
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