<h3>Hello there!</h3>
Your question asks what order does a activity-based costing system work by.
<h3>Answer: b, c, a, d</h3>
The order:
1. b). Identify activities and estimate their total indirect costs.
2. c). Identify the allocation base for each activity and estimate the total quantity of each allocation base.
3. a). Compute the predetermined overhead allocation rate for each activity.
4. d). Allocate indirect costs to the cost object.
The reason why the answer choice "b, c, a, d" is the correct answer because that's the correct order for the activity-based costing system.
The activity-based costing system first identifies the activities that are going on and find the indirect cost, then identifies the allocation base for the activities that are occurring to find the quantity of the allocation base, then solve the pre-determined rate of allocation for each activity, and finally get the indirect cost for the object.
<h3>I hope this helps!</h3><h3>Best regards,</h3><h3>MasterInvestor</h3>
Answer:
a. $13,000
Explanation:
Calculation for what royalty revenue should be
First step is to find the estimated amount for the second half of the year
Royalties for the second half =
15%*$30,000
Royalties for the second half= $4,500
Now let Compute for the total royalty revenue
Total royalty revenue for 20X5=$8,500+$4,500
Total royalty revenue for 20X5=$13,000
Therefore the royalty revenue should be $13,000
Beginning balance 750
Add supplies purchase 900
Less supplies used 1125
Supplies on hand at the end of february is
750+900−1,125=525...answer
Hope it helps!
i texted you on instagram hmu back asap
Answer:
The answer is true
<u>Explanation:</u> novation is the process in which an old contract is substituted by a new contract through an agreement .All rights and duties under old contract are being terminated.
if parties write a novation, it will effectively nullifies the former contract.In novation one of the initial parties is replaced by new party.
Novations are most frequently used in corporate takeovers and sales of businesses.
A novation is same as an assignment where one party transfers interest in property or a business to third party as opposed to transferring the entire entity.
So is novation is written between the parties .They need not to discharge the old contract by expression.It will be automatically discharged if it's terms are inconsistent with new contract.
