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Phoenix [80]
3 years ago
14

In selecting machine usage as the primary cost driver of overhead costs for the Production​ Department, management feels that th

ere is a direct relationship between the number of machine hours used and the amount of overhead costs incurred. True False
Business
1 answer:
pychu [463]3 years ago
5 0

Answer:

True

Explanation:

Machine is the key component while processing the raw material into finished goods.

This is related to the goods as machine hours are directly related with the number of units.

Accordingly, there is a belief of management that the overheads are directly related to machine hours.

And thus, they are allocated based on machine hours under traditional costing. As therefore, the statement is true as states all of the above things.

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A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful disp
ch4aika [34]

A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful display of the data from this study would be <u>a scatterplot</u>

<u></u>

Using Cartesian coordinates, a scatterplot is a form of plot or mathematical diagram that shows values for typically two variables for a set of data. An additional variable can be shown if the points are color-, shape-, or size-coded.

When one continuous variable is under the experimenter's control and the other depends on it or when both continuous variables are independent, a scatterplot can be utilized. The data are shown as a series of points, with each point's value dictating its position on the horizontal axis and its value dictating its position on the vertical axis.

<u></u>

To know more about scatterplot

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8 0
1 year ago
Persons considered low income receive worse care than high-income persons for about 80% of core health care measures quizlet
kogti [31]

This statement is true. Members of racial and ethnic minorities are frequently given lower-quality care and are less likely to obtain preventative health services than white people. Additionally, they experience worse health outcomes for a few illnesses.

How are minorities affected by healthcare?

Minority Americans Experience Lower Insurance Coverage Rates and Limited Access to Healthcare all Americans who lack health insurance have reduced access to care and more unpleasant medical experiences. African Americans and Hispanics are particularly in danger of going without insurance.

How does socioeconomic status affect health care?

Access to healthcare is significantly impacted by low SES. Low-income individuals are more likely to be Medicaid beneficiaries or uninsured, have worse quality healthcare, seek medical attention less frequently, and are more likely to do so in an emergency.

Learn more about socioeconomic status affect health care: brainly.com/question/12482069

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6 0
2 years ago
As owner of a retail franchise food store, Mary Grey purchases supplies based on specials advertised nationally throughout the f
Artemon [7]

Answer: Sharing information across the organisation

   

Explanation: In the given case, Mary grey is the owner of a retail store hence it is her duty to know all the goods that are offered by her store. However she did not knew the special goods when the customers asked for it.

This shows that the franchise company is not performing effectively in the area of sharing information as all the stakeholders do not know all the relevant information.

7 0
3 years ago
What is the purpose of cost accounting iss?
vitfil [10]

The main purpose of cost accounting is to find out the cost of the various processes in the business so that selling prices can be fixed appropriately.

<h3>What is cost accounting?</h3>

This is an accounting method that allows companies to find out the cost of various processes and transactions they embark on.

Knowing these costs will enable the company to know the price it can charge on goods so that it can recoup these costs and make profits.

Find out more on cost accounting at brainly.com/question/24516871.

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3 0
1 year ago
TRUE OR FALSE FOR BRAINLIEST ANSWER, I'LL REPORT IF WRONG When one party substantially performs, the other can demand full perfo
Luda [366]

Answer:

true

Explanation:

3 0
2 years ago
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