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stich3 [128]
3 years ago
13

Activities of a central motor pool that provides and services vehicles for the use of municipal employees on official business s

hould be accounted for in a. General Fund. b. Enterprise Fund. c. Internal Service Fund. d. Special Revenue Fund.
Business
1 answer:
Neko [114]3 years ago
4 0

Answer:

c. Internal Service Fund

Explanation:

Internal Service Fund -

It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .

The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .

For example , maintenance is an example of the internal service fund .

Hence , from the given information of the question ,

The correct answer is c. Internal Service Fund .

You might be interested in
The company makes 340 units of product P23F a year, requiring a total of 710 machine-hours, 80 orders, and 40 inspection-hours p
kifflom [539]

Answer:

$ 5,401.60

Explanation:

Activity cost pool

<em>Assembly</em>: $ 698,720 (Total Cost) / $ 44,000 (Total activity machine-hours)

             = $ 15.88 per machine-hour

<em>Processing Orders</em>: $ 90,763 (Total cost) / 1,900 orders = 47.77 per order

<em>Inspection</em>: $ 119,535 / 1,950 inspection-hours = $61.30 per inspection-hour

Overhead Costs:

Assembly: 15.88 per MH *710 MHs = 11,274.80

Processing Orders: $ 47.77 per order * 80 orders = $3,821.60

Inspection: $ 61.30 per IH * 40 IHs = 2,452.00

<em>Sales</em>: (340 * 121.90) = $ 41,446.00

<em>Costs</em>:

 Direct materials (340 * 40.05) = $ 13,617.00

 Direct labor (340 * $ 14.35) = $ 4,879.00

 Assembly $ 11,274.80

 Processing $ 3,821,60

 Inspection $ 2,452.00

 <em>Total of costs</em>: $ 36,044.40

<em>Product Margin</em>:  (Costs - Sales) $ 5,401.60

                             

4 0
3 years ago
The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it
crimeas [40]

Answer:

The required probability is 0.066807

Explanation:

Given,

σ = 220

μ = 1200

The probability that a random selection of computer which will have the price of at least $1,530 is computed as:

P (X ≥ 1530 ) = 1 - P (X ≤ 1530)

= 1 - P ( X - μ / σ)

= 1 - P ( 1530 - 1200 / 220)

= 1 - P ( z ≤ 1.5)

= 1 - 0.933193

= 0.066807

Note: This 0.933193 value is taken from the z table.

8 0
2 years ago
HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer
trasher [3.6K]
The minimum wage payed employees would be the most negatively affected because if lower price limits weren’t there, the prices would drop drastically to win the customer’s purchase over other markets or businesses. The big bosses would be then forced to cut money out of their employees salary because of the low revenue in money.



I think that’s a great answer someone correct me if I’m wrong!
5 0
3 years ago
Suppose you know a company's stock currently sells for $64 per share and the required return on the stock is 0.12. You also know
jasenka [17]

Answer:

$3.62

Explanation:

Dividend Yield = 0.12/2

Dividend Yield = 0.06

==> (Dividend in One Year)/Current Price= .045

D1 = 0.06*$64

D1 = $3.84

D0 (Current Dividend) = D1/(1+Dividend Yield)

D0 (Current Dividend) = $3.84/(1.06)

D0 (Current Dividend) = 3.622641509433962

D0 (Current Dividend) = $3.62

6 0
3 years ago
The following budget information is available for the Arch Company for January Year 2: Sales $ 860,000 Cost of goods sold 540,00
igomit [66]

Answer and Explanation:

The computation of the total budgeted selling and administrative expenses is shown below;

Utilities expense $2,800

Administrative salaries $100,000

Sales commissions 5 % of sales i.e. 5% of $860,000  $43,000

Advertising $20,000

Depreciation on store equipment $50,000

Rent on administration building $60,000

Miscellaneous administrative expenses $10,000

total budgeted selling and administrative expenses $285,800

3 0
2 years ago
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