Using a check register log
Answer: C. Aqua will overcost Alpha's indirect costs as it is using a single cost pool to allocate indirect costs.
Explanation:
Aqua is using a single cost pool to allocate indirect costs which means that the indirect costs of both Alpha and Beta will be included in this cost pool.
This will overcost Alpha because Alpha only has minor portions of indirect costs while Beta has significant indirect costs. Putting both products together means that a lot of indirect costs assigned to Alpha will be from Beta which would mean that Alpha is overcosted.
Answer:
B. the cost of a patent giving exclusive rights to a process
Explanation:
Intangible assets are simply assets that cannot be touched physically. Unlike tangible assets, intangible assets are pretty much or rather relatively more difficult to estimate or evaluate. It may include patents, trade name, brand name, copyrights and so on. Intangible assets recorded on balance sheet include cost of patents giving exclusive rights to a process.
She makes a charitable donation every year.
Answer:
Len has contracted to sell goods to Mel. Knowing that Mel needs the goods to be delivered on a specific date, Len threatens to withhold delivery on that date unless Mel agrees to pay a higher price.
Explanation:
Duress is when a person enters into an agreement due to threats
Mel had to agree to Len's terms because he threatened to withhold her goods which she needed
