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kow [346]
3 years ago
12

In preparing a responsibility income statement that shows contribution margin and responsibility margin, two concepts are involv

ed in allocating costs to the various centers. These concepts are: Group of answer choices Whether the costs are variable or fixed and whether they are material in dollar amount. Whether the costs are traceable to the responsibility center and whether the responsibility center is organized as a profit center or an investment center. Whether the costs are variable or fixed and whether they are directly traceable to the responsibility center. Whether the costs are traceable to the responsibility center and whether they are material in dollar amount. None is correct.
Business
1 answer:
Ivenika [448]3 years ago
4 0

Answer: Whether the costs are variable or fixed and whether they are directly traceable to the responsibility center.

Explanation:

The Responsibility Income Statement is one where the different centers in a business have their own sub income statement so that the activities of each center and their profitability is measured and monitored.

In this statement, costs are classified as Variable and Fixed so it is important that it is known whether the costs are variable or fixed.

As the statements are per center, the costs in them would have to be only those that are directly traceable to that center so that a truer reflection of the statements can be seen.

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Answer:

Explanation:

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Cost of inventory = 23,400 +690-1300-663 = 22,127

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Annie would get $8 marginal benefit from buying one box of cereal and $3.50 marginal benefit from buying a second box. If the gr
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Petty Productions Inc. recently issued 30-year $1,000 face value, 12% annual coupon bonds. The market discount rate for this bon
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Answer:

The correct answer is $1,620.45

Explanation:

According to the scenario, the computation of the given data are as follows:

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So, by putting all these in the financial formula, we get

The attachment is attached below.

So, the current price of the bond is $1,620.45.

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Which of the following balance sheet equations is​ INCORRECT? A. Assets minus Current liabilities​ = Longminusterm liabilities​
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Answer:

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