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Yakvenalex [24]
3 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]3 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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Please help me ...<br> thank you ..
spayn [35]

1 c AROUND THE INDUSTRY AVERAGE FOR OUR FEILDS

2c  LOST PRODUCTIVE TIME PROSPECTIVE NEW HIRES

3C LEAVING TO  ATTEND COLLEGE FULL TIME

7 0
3 years ago
On January 1, 2018, Ogleby Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for O
Olin [163]

Answer:

With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c

Explanation:

According to the given data we have the following:

PV of lease=$750,578

Annual payment=$180,000

Rate of interesr=10%

The interest expense would be calculated as follows:

Interest expense = ( PV of lease - Annual payment ) * Rate of interest

Interest expense = ( $750,578 - $180,000 ) * 10%

Interest expense = $57,058

Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.

4 0
3 years ago
For each of the following examples, identify whether a positive or negative externality is present and whether there will be too
iris [78.8K]

Answer:

A. Landscape lawns produce positive externality.

B. Sports vehicle generates a positive externality

C. Walk to work creates positive externality.

D. Cigarettes create a negative externality.

Explanation:

Positive externality occurs when society gets benefit from a persons act. Susan has created lawns near her house and there are beautiful flowers in the lawn. This will be relaxing for those who pass near by the lawns. There will be fresh air coming from the lawn and society will look pleasant.

Negative externality is one in which society is harmed by the act of a person. This happens when Anita smokes at a bus stop. There are other travelers who will be present at the bus stop might be harmed from the smoke which arises from the cigarette.

8 0
3 years ago
The management of a facility that manufactures parts for car brakes has a policy of testing only some of the items in each produ
alukav5142 [94]

The process being employed in the scenario above is called quality control. This is a system being used in means of maintaining standards with the use of testing out samples or products in order to check and maintain the standards that has been implemented.

6 0
3 years ago
Robert, who lives in Ohio, files a lawsuit against Trading Post, a Washington company, in an Ohio state court. The Trading Post'
ss7ja [257]

Answer: conducted substantial business with Ohio residents through the Web site.

Explanation: The sliding - scale standard confirms when exercising jurisdiction over an out of state defendant is allowed. It is only allowed when significant business has been conducted by this out of state company over the Internet with another state. In this case the out of state defendant is Trading Post, a Washington company, and it has dealt in transactions over the Internet with the state of Ohio via its website. Because the business conducted in Ohio is significant, it gives Robert the grounds to sue Trading Post, even though Trading Post is not based in the same state as Robert.

8 0
3 years ago
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