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mamaluj [8]
3 years ago
6

Which of the following statements is true with regard to the departmental overhead rate method? Multiple Choice Each department

has the same rate for the same activity pool. It is the same as activity-based costing. It is logical to use this method when overhead resources are consumed by various products in substantially the same way throughout multiple departments. It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments. It requires one overhead cost pool and one rate.
Business
1 answer:
Anna [14]3 years ago
6 0

Answer:

It is logical to use this method when overhead resources are consumed by various products in substantially different ways throughout multiple departments.

Explanation:

A departmental overhead rate is considered to be a standard charge based on the units of activity produced by a business segment. Overhead rate at the department level are usually applied in a more refined cost allocation environment, where there is a need to apply overhead cost as precisely as possible.

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What makes a contract different from an agreement
monitta
An agreement is any understanding or arrangement reached between two or more parties. A contract is a specific type of agreement that, by its terms and elements, is legally binding and enforceable in a court of law.
6 0
3 years ago
Read 2 more answers
stock y has a beta of 1.5 and an expected return of 16.35. what is the risk free rate if the market return is 12.5%
ratelena [41]

Answer:

the risk free rate of return is 4.8%

Explanation:

The computation of the risk free rate of return is shown below:

As we know that

Expected rate of return = Risk free rate of return + beta × (market rate of return - risk free rate of return)

Here we assume the risk free rate of return be x

So ,

16.35% = x + 1.5 × (12.5% - x)

16.35% =  x + 18.75% - 1.5x

16.35% - 18.75% = -0.5x

x = 4.8%

Hence, the risk free rate of return is 4.8%

5 0
3 years ago
A company started the year with $3,750 of supplies on hand. During the year the company purchased additional supplies of $2,000
BARSIC [14]

Answer:

A. Debit Supplies Expense and credit Supplies for $5,000

Explanation:

The adjusting journal entry is shown below:

Supplies expense A/c Dr $5,000

          To Supplies A/c $5,000

(Being supplies account is adjusted)

The supplies expense is computed below

= Opening Supplies balance + purchase value of an additional supplies - supplies still on hand  at the end of the year

= $3,750 + $2,000 - $750

= $5,000

8 0
3 years ago
because it receives a substantial portion of its funding from state legislatures, which industry was hit particularly hard due t
Xelga [282]

Public universities were particularly hard-struck by the recession that started in late 2007 since a large chunk of their funding comes from state legislatures.

<h3><u>Public universities: What are they?</u></h3>

How they are supported is the key distinction between public and private organizations. While private universities are mostly supported by their own endowment money and students' tuition fees, public schools are primarily subsidized by the state governments of each individual state. Individual donors may also make gifts to private institutions, perhaps in exchange for having structures named after them.

(Donations are also given to public colleges.) The price of enrollment is yet another significant distinction between public and private institutions. State governments heavily subsidize public universities, allowing them to offer students lower tuition costs. On the grounds that their taxes support state governments, in-state residents are given preferential tuition rates at public universities.

Learn more about public universities with the help of the given link:

brainly.com/question/15844073

#SPJ4

4 0
2 years ago
If supply and demand for a good both decrease, which of the following is true? Group of answer choices Equilibrium quantity will
snow_tiger [21]

Answer:

Equilibrium quantity will increase but we cannot say for sure what will happen to equilibrium price.

Explanation:

Last statement is correct:

Whenever the supply and demand moves in the same direction that is if one increases other also increases or vice-versa.

Then, the quantity can be determined but the price cannot be determined.

As with decrease in the supply, the quantity supplied will be less, and since demand is also less, the quantity at equilibrium will also be less, and will be identified properly.

But as we discuss the price, it not only depends on the demand and supply, but would depend on consumer as well as producer behavior.

The consumer wants to buy at less price, but the producer will tend to sale it at a higher price, therefor, with this pressure which is inverse in nature, the degree or range of price can be identified but that the price cannot be determined, it might increase or decrease.

3 0
3 years ago
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