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
pochemuha
3 years ago
5

Consider the following statements regarding traditional costing systems:

Business
1 answer:
joja [24]3 years ago
5 0

Answer:

Statement I and III

Explanation:

Under traditional costing, there is no such identification of various activity pools like activity costing, there is general allocation of overheads based on overhead assigned on labor hours, or machine hours etc:

This is the method in which volume of goods is important and that is what matters for cost allocation.

Further, when they require numerous activities and then the costs allocation based on each different process or activity is not possible as number of activities are really high.

Therefore Statement I and Statement III are correct.

You might be interested in
Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free
Maurinko [17]

Answer: 12.5%

Explanation:

Given the following :

Beta (B) = 1.3

Marginal tax rate = 34%

Risk free interest rate = 6%

Market rate of return = 11%

The cost of equity is calculated using the relation:

Risk free rate of return + Beta(market rate of return - risk free rate of return)

Cost of equity = 6% + 1.3(11% - 6%)

Cost of equity = 6% + 1.3(5%)

Cost of equity = 6% + 6.5%

Cost of equity = 12.5%

Therefore, the firm's cost of internal equity is 12.5%

6 0
3 years ago
The table shows the taxable income range and marginal tax rates for a single taxpayer in Oceania. There are no exemptions or ded
zheka24 [161]
1.C.​$15,345
2.c.23.61%
3.c. United States
4.false
5.B. Social Security
6.d. spending that must be authorized by Congress each year
7.d. raising payroll Texas or raising benefits
8.D.States increase taxes to fund education.
9.A.the money supply and interest rates that automatically increase or decrease along with the business cycle.
10.
8 0
4 years ago
A taxpayer places a $50,000 5-year recovery period asset in service in 2016. this is the only asset placed in service in 2016. a
Charra [1.4K]
50,000×5=250,000
250,000÷4=625,000
250,000-625.000=375.00
Sum=375.00
8 0
3 years ago
b. D Corp stock currently trades at $50. August call options on the stock with a strike price of $55 are priced at $5.75. Octobe
coldgirl [10]

Answer:

The value of the time premium between the August and October options is $0.50

Explanation:

A time premium or time value is the amount by which the price of a stock option exceeds its intrinsic value.

To calculate the time premium between August and October we will Subtract October extrinsic value - August extrinsic value

Time premium = 6.25 - 5.75 = $0.50

3 0
3 years ago
What role does the idea of machine/machinery play in constructivist settings?
Juliette [100K]
The role that the idea of machine plays in contructivist settings include: RAMPS, PLATFORM AND STAIRWAYS.
In theater, a contructive setting is one which is highly theatrical, has practical apparatus for actors to manipulate and it also has skeletal frame. A construtive setting can easily be manipulated. 
8 0
3 years ago
Other questions:
  • For most small businesses, the primary motivation for going global is to
    15·1 answer
  • Why is the amount of underapplied (overapplied) manufacturing overhead different from requirement 2 above? (you may select more
    15·1 answer
  • Faldo Corp sells on terms that allow customers 45 days to pay for merchandise. Its sales last year were $435,000, and its year-e
    7·1 answer
  • Dorothy likes to invest in gold as part of her overall financial investment portfolio, as her gut tells her it will increase dra
    7·1 answer
  • Starfish that reproduce by splitting into pieces are reproducing by what
    8·1 answer
  • At the end of its first year, the trial balance of Nygaard Company shows Equipment 532,900 and zero balances in Accumulated Depr
    5·1 answer
  • Porter Co. is analyzing two potential investments. Project XProject Y Cost of machine$68,000 $60,000 Net cash flow: Year 1 24,00
    6·1 answer
  • Should a Female with the same Qualifications as a Man, if selected for an Executive Position formerly held by a man, be paid the
    10·2 answers
  • Materials Variances Assume that Pearle Vision uses standard costs to control the materials in its made-to-order sunglasses. The
    8·1 answer
  • 2. State the accounting equation.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!