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disa [49]
3 years ago
6

Cost allocation involves: Multiple Choice

Business
1 answer:
Inga [223]3 years ago
3 0

Answer:

All of the answers are correct

Explanation:

The cost allocation refers to the allocation of cost with respect to the cost driver through which the allocation could be done in easily manner

Moreover, it also used to compute for allocation rate and then it would be multiplied with the weightage of the cost driver

Here, the cost driver meaning

The inspection cost is allocated by the number of inspections. Like setup, the cost is allocated by the number of setups required

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If the MPC is 0.80 and disposable income increases from 32,000 billion to $37,000 billion, then consumption will increase by: A.
horsena [70]

If the MPC is 0.80 and disposable income increases from 32,000 billion to $37,000 billion, then consumption will increase by: B. $29,600 billion.

<h3>Increase in consumption</h3>

Using this formula=Increase in disposable income×MPC

Where:

Increase in disposable income=$37,000

MPC=0.80

Let plug in the formula

Increase in disposable income=$37,000 billion×0.80

Increase in disposable income=$37,000 billion×0.80

Increase in disposable income=$29,600 billion

Therefore consumption will increase by:  B. $29,600 billion.

Learn more about increase in consumption here:brainly.com/question/6955443

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8 0
2 years ago
Langer Company produces plastic items, including plastic housings for humidifiers. Each housing requires about 15 ounces of plas
Alex

Answer:

Langer Company

Direct Materials Purchases Budget

For July, August and September

                                                             July August September Total

Units to be produced                        3500 4400 4900 12800

Direct materials per unit (ounces)             15 15 15 15

Production needs                                52500 66000 73500 192000

Desired ending inventory (ounces) 19800 22050 28350 28350

Total needs                                        72300 88050 101850 220350

Less: Beginning inventory                15750 19800 22050 15750

Direct materials to be purchased (ounces) 56550 68250 79800 204600

Cost per ounce                               $0.08 $0.08 $0.08 $0.08

Total purchase cost                     $4,524 $5,460 $6,384 $16,368

3 0
3 years ago
On May 3, 2020, Concord Company consigned 80 freezers, costing $540 each, to Remmers Company. The cost of shipping the freezers
NeX [460]

Answer:

a) $22,010

b) $3,780

c) $25,790

Explanation:

a) In calculating the value of inventory still left, the total value needs to be calculated first,

= (80 freezers * $540) + $820 ( transport fees)

= 43,200 + 820

= $44,020

40 out of 80 freezers have not been sold so,

= 40/80 * 44,020

= $22,010

b) In calculating the profit, subtract the expenses from the sales

Sales = 40 * 700

= $28,000

= 28,000 - Cost of refrigerators - commission of 6% of sales - advertising - installation

= 28,000 - 22,010 - (28,000*0.06) - 180 - 350

= $3,780

c) The amount remitted by the consignor will be,

= Sales - commission - advertising - installation

= 28,000 - (28,000 * 0.06) - 180 - 350

= $25,790

7 0
3 years ago
स्थीर आय प्रतीभूति भनेको के हो​
vlada-n [284]

Answer:

aba gaba lubbu esai naue

Explanation:

7 0
2 years ago
Broderick oversees the activities involved in creating the right goods and services in the right quantities and distributing the
Neko [114]

Answer: True  

                                 

Explanation:  In simple words, operations management refers to the process in which an individual or an entity oversee the activities that are performed with an organisation with the objective of attain highest level of efficiency.

In operational management, the manager makes sure that the raw material would be combined with the labor force in such way that production level could be maximized which further results in hither level of profits.

     Hence from the above we can conclude that the given case depicts operational management.

7 0
3 years ago
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