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
Naddik [55]
3 years ago
15

Bass Accounting Services expects its accountants to work a total of 26 comma 000 direct labor hours per year. The​ company's est

imated total indirect costs are $ 390 comma 000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation​ rate? A. $ 18.00 per hour B. $ 30.00 per hour C. $ 15.00 per hour D. $ 150.00 per hour
Business
2 answers:
Tomtit [17]3 years ago
8 0

Answer:

C) $ 15.00 per hour

Explanation:

total labor hours 26,000 per year

total indirect costs $390,000

if the company allocates indirect costs according to labor hours employed, the cost allocation rate should be:

$390,000 / 26,000 = $15 per direct labor hour

This means that for every labor hour employed, $15 will be allocated as indirect costs, e.g. a client requires 50 labor hours per year and $750 (= 50 x $15) in indirect costs.

barxatty [35]3 years ago
4 0

Answer:

The correct answer is option (c) $15 per hour

Explanation:

Solution

Recall that:

Expected wok for accountants = 26,000

The company estimated total indirect costs - 390,000

The next step is to find the allocation base cost for indirect cost.

Now,

The indirect labor cost is calculated as follows:

indirect cost allocation​ rate:

= Total indirect costs/Labor hours

= $390,000/26,000

= $15 per hours

You might be interested in
The term "management" refers to the process of getting things done, effectively and efficiently, through and with other people.
galben [10]

Answer:

Management implies a conception and practice regarding power, administration and ways of building consensus and hegemony within an organization or institution. Management is the way to carry out the articulation between the perspectives, through the organizational modes that serve the same and that are consistent with the fines and objectives of the institution.

Explanation:

According to this, the management action crosses the entire institution, in its relationships, in internal coordination, in the ways of establishing work ties, working communities, in the set of options that are adopted when interacting with other institutions It is not just driving or direction. It is the coordination of work processes within the framework of an organization, where roles and tasks are given, which in principle can be articulated generating levels of management.

6 0
3 years ago
Kim, a CPA, works for a small accounting firm consisting of two managing partners, six accountants and four secretaries. During
galina1969 [7]

Answer:

The company is NOT in anyway required to either make, offer or provide accommodations to Kim

Explanation:

Based on the information given the company is NOT in anyway required to either make, offer or provide accomodations to Kim reason been that the ADA only tend to applies to companies which has either 15 employees or employees that are higher or more than 15 employees in which the accounting firm which Kim work for did not fall under the category as well as the coverage of the act because the accounting firm is a small firm which we were told consist of 2 managing partners, 6 accountants as well as 4 secretaries making them 12 employees in total.

Therefore the company is NOT required to provide any accomodations to Kim

4 0
3 years ago
McMahon Inc. reported the following on the company's statement of cash flows in 2016 and 2015:
podryga [215]

Answer:

$137,200; $103,600

Explanation:

In 2015:

Free cash flow:

= Net cash flow from operating activity - Capital expenditure

= $294,000 - (70% × $224,000)

= $294,000 - $156,800

= $137,200

In 2016:

Free cash flow:

= Net cash flow from operating activity - Capital expenditure

= $280,000 - (70% × $252,000)

= $280,000 - $176,400

= $103,600

3 0
3 years ago
Wildside Inc., a company that organizes wildlife tours, gives equal importance to customers and employees. The managers at Wilds
umka2103 [35]

Answer: Internal marketing

Explanation: Internal marketing is the process of facilitating a company's purposes or goals, commodities, and services to workers inside the company. It partakes to developed confidence and devotion among the workers also formulating an elevated amount of participation in the ultimate achievement of the company and encourages the development of the company's trademark public support or recommendation.

8 0
3 years ago
Read 2 more answers
Relatively few consumers like to go to the dentist. Dental insurance plans that pay for regular checkups increase the __________
Hatshy [7]

This is perceived value, making the check ups free increases the value.

5 0
3 years ago
Other questions:
  • The B-52 is an aircraft used by the U.S. military in armed conflict. Based on this information, what kind of good is a B-52 airc
    7·1 answer
  • Clarifying the issues of a problem is the _____ step in the problem solving process. first, second, sixth, or seventh
    14·2 answers
  • Inbound marketing represents a fundamental shift in the way that organizations operate because it is ______-centric.
    7·1 answer
  • The most popular entertainment resort in the world is _____. the Las Vegas Strip SeaWorld Hershey Park Walt Disney World Resort
    11·2 answers
  • Difference between bookkeeping and accounting in table​
    7·1 answer
  • Which of the following statements is true of lead qualification? Group of answer choices It refers to a process that describes t
    15·1 answer
  • In which countries do people prefer discussing business during meals?​
    11·2 answers
  • Avery Co. has $1.1 million of debt, $1 million of preferred stock, and $2.2 million of common equity. What would be its weight o
    10·1 answer
  • Gordon is a new divisional manager at AskSocrates. In reorganizing his division, he must make some decisions regarding the span
    12·1 answer
  • Damian works at ulta. A customer approaches him and mentions they saw an advertisement for a new eyeshadow palette that just cam
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!