All Rite Manufacturing reported the following:

In the preparation of departmental income statements, the preparer completes the following steps in the following order: (1 poin

olasank [31]

Answer:

The correct answer is a. Identify direct expenses; allocate indirect expenses; allocate service department expenses.

Explanation:

Selling costs are the costs incurred by a company to market the products or services, such as the salary of the sellers, commissions, gasoline of the trucks that distribute the orders, advertising, etc. Administrative expenses are the costs incurred by a company to manage its operations. Examples of these expenses would be the salary of the accountant, the surveillance expenses, the expenses for the cleaning service, stationery, salaries and benefits of the administrative staff of the company, etc. Some concepts can be shared, such as office rent. If there are sales and administration departments in the same building; The total expenditure must be applied to the two departments according to the space each of them uses (square meters) or at an estimated percentage; for the therefore, of the total rent one part would be selling expenses and another part administration expenses.

3 0

3 years ago

When the activity level changes, ______. Multiple select question. total variable cost changes variable cost per unit changes to

miskamm [114]

When there is a change in activity level, then:

Total variable cost changes.
Variable per unit remains constant.

<h3>What happens when activity level changes?</h3>

As a result of the change in activity level, the variable cost will change in total because it increases when there is an increase in number of units produced.

The unit variable cost will however remain the same as the company incurs the same variable cost per unit produced.

Find out more on variable cost per unit at brainly.com/question/26373444.

8 0

2 years ago

Beckronski Company has the following information available for the month of March: Units Transferred- in Costs Direct Material

storchak [24]

Answer:

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Units Cost for Direct Materials= $52,000 /230= $ 226.086

Explanation:

Beckronski Company

Units Transferred- in Costs

Direct Mat Conversion Costs WIP inventory

March 1 240 $33,600 0 $18,000

Percent complete 100% 0% 62.5%

Equivalent Units 240 - 150

Transferred in

March 400

Equivalent Units 400 400 400

Mar 31 WIP inventory, 200

*Percent complete 100% 0% 80%

Equivalent Units 400 - 320

Weighted Average Cost Method = Beg. Inv Equiv. Units + Units Transferred in Less Ending Inventory Equivalent Units

Direct Material Equivalent Unit Weighted Average Cost Method= 240+ 400- 400= 240

Conversion Costs Equivalent Unit Weighted Average Cost Method=

0+ 400-0= 400

Work In Process Equivalent Unit Weighted Average Cost Method=

150+ 400-320= 230

Costs added in March $52,000 $13,200 $48,600

Units Cost for Direct Materials= $52,000 /230= $ 226.086

4 0

3 years ago

Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has alw

svetoff [14.1K]

Answer:

Results are below.

Explanation:

Giving the following information:

Estimated Value Actual Value

Manufacturing overhead cost $732,000 $842,000

Direct labor hours 14,640 hours 16,600 hours

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 732,000 / 14,640

Predetermined manufacturing overhead rate= $50 per direct labor hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 50*16,600

Allocated MOH= $830,000

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 842,000 - 830,000

Underapplied overhead= $12,000

8 0

3 years ago

Wave check i just been balling out every season

Irina-Kira [14]

Answer:

ok cool

Explanation:

7 0

3 years ago

All Rite Manufacturing reported the​ following:

All Rite Manufacturing reported the following: