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Nat2105 [25]
3 years ago
9

Which of the following is true?Select one:a. Overhead costs are often affected by many issues and are frequently too complex to

be explained by any one factor.b. The departmental overhead rate is not usually based on measures closely related to production volume.c. The departmental overhead rate is most accurate in assigning overhead costs that are not driven by production volume.d. Allocated overhead costs will be the same no matter which allocation method is used.e. When cost analysts are able to logically trace cost objects to costs, costing accuracy is improved.
Business
1 answer:
Vsevolod [243]3 years ago
6 0

Answer:

e. When cost analysts are able to logically trace cost objects to costs, costing accuracy is improved.

Explanation:

Overhead costs are costs which can not be attributed to a particular item . So it is distributed among more than one item on some basis.

For example electricity cost is a common overhead in a company having two machines one producing pen and the other producing paper . The overhead electricity cost can be scientifically apportioned in the cost analysis of pen and paper on the basis of wattage capacity of machines used in the manufacture of pen and paper .

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Answer: See explanation

Explanation:

In a pizza industry, the cost of the factory is a (fixed cost) only in the short run but not in the long run.

(Average fixed cost) is always falling as the quantity of output increases.

A cost that depends on the quantity produced is a (variable cost).

The term (opportunity cost) refers to all the things you must give up for taking some action.

The term (explicit cost) refers to costs that involve direct monetary payment by the firm.

(Average variable cost) is falling when marginal cost is below it and rising when marginal cost is above it.

4 0
2 years ago
A policy maker is unsure of the true marginal damages associated with a good, but they know that the marginal externality is con
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Answer: True

Explanation:

Marginal externality is constant. However, it may not be calculated with accuracy. Hence, there's need for estimates at reasonable levels.

Hence, the policymaker's estimate of $35/ unit is reasonable and within the acceptable range of between $10 and $50/unit. Also, the tax charge raises social welfare compared to no tax at all.

6 0
3 years ago
The probability that Mary will win a game is 0.03, so the probability that she will not win is 0.97. If Mary wins, she will be g
valkas [14]

Answer:

Expected value of X = -11.09

Explanation:

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E(X) = Expected profit - Expected loss

= 5.4 - 16.49

= -11.09

Expected value of X = -11.09

That is expected value of loss of $11.09

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3 years ago
Mike just looked at his spending from last month and discovered he spent $120 buying movies. Mike knows that $120 is a lot of mo
navik [9.2K]

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B

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2 years ago
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Under MSRB rules, a registered representative is prohibited from sharing in the gains and losses of a customer's account unless
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Answer:

D)

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This is the case unless the registered representative contributes capital proportionate to his sharing percentage and receives written approval of the principal. This is because the MSRB clearly prohibits this, but if the registered representative opens a joint account with the customer (granted the customer approves), and shares in both the gains and losses of the account with a proportionate capital contribution, then both are entering into the same risk and are allowed to share in the gains and losses. This is as long as the principal provides written approval.

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3 years ago
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