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zysi [14]
3 years ago
8

Which of the following is not a name for indirect resources? Multiple Choice Overhead costs Burden Direct costs Common costs

Business
1 answer:
Levart [38]3 years ago
3 0

Answer:

Direct costs

Explanation:

In a business or project of any type, overhead or overhead costs are called expenses for the mere fact of having an activity in operation.  Examples are the costs of gas, electricity, cleaning, rent or the salary of workers. The term is usually used to cover the expenses necessary to not cease the activity, but that are not directly related to the products or services offered, 1 that is, they do not increase the profits of the company. General expenses are costs on the income statement, with the exception of direct work, direct materials and direct expenses. General expenses include accounting, depreciation, insurance, interest, legal fees, repairs, rent, purchased materials, taxes, telephone bills, utility expenses and travel.

Workload or the labor cost or burden cost is the real value of an employee, as well as the salary earned by an employee. Workload costs include benefits that a company must pay or choose for employees on its payroll list. These costs include payroll taxes, retirement costs, health insurance, dental insurance, and other benefits provided to employees of a company. The company should pay for sick leave, vacations or study periods as part of the workload as there is a cost to the company.

Direct cost is a price that can be directly related to the production of certain goods or services. The direct cost can be tracked down to a cost item that could be a service, product or department. Direct and indirect costs are the two main types of costs that companies can incur, or expenses. Direct costs are often variable costs, such as production levels, such as inventory. However, some of the costs, such as indirect costs, are more difficult to entrust to a particular product. Examples of indirect costs include depreciation and administrative costs.

The common cost is the cost associated with the operation of an object, product or segment that is shared between two or more departments or users. In other words, it is a common expense to create a product or provide a service that cannot be linked to a department or user.

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2.A pump has failed in a facility that will be replaced in three years. A brass pump costing $6,000 will last three years. A use
lapo4ka [179]

Answer:

-$1,500 more expensive

Explanation:

Calculation for How much cheaper or more expensive would it be to use the stainless-steel pump rather than a new brass pump

Using this formula

Cheaper or more expensive=Brass pump value-( Current pump value+Pump reconfigure extra amount spent)

Let plug in the formula

Cheaper or more expensive =$6,000-($7,000+$500)

Cheaper or more expensive =$6,000-$7,500

Cheaper or more expensive =-$1,500 more expensive

Therefore based on the information given the stainless steel pump will be $ 1500 more expensive than the brass pump.

4 0
3 years ago
Neptune Inc. uses a standard cost system and has the following information for the most recent month, April: Actual direct labor
Naddik [55]

Answer:

$3,200 overapplied

Explanation:

The computation of the total underapplied or overapplied factory overhead is shown below:

Given that

Actual total factory overhead costs incurred is $45,400

Now Overhead applied to production

= (Total factory overhead application rate per standard DLH × Standard direct labor hours allowed)

= $2.70 × 18,000

= $48,600

As we can see that the overhead applied amount is more than the actual amount so the overhead cost would be overapplied i.e.  

 = $48,600 - $45,400

= $3,200 overapplied

8 0
3 years ago
William pays $500 premium every six months for automobile insurance with collision coverage. His deductible is $750. William cau
stich3 [128]

<span>A collision coverage type of insurance only the covers the cost that is incurred due to damage to your car. It does not include the cost for the other car. Therefore you will have to pay the total of $1,100</span>

6 0
3 years ago
Read 2 more answers
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo
Arisa [49]

Answer:

Wingate Company

1. A Contribution Format Income Statement for divisions:

2a. Increase monthly advertising for the West Division by $28,000 to increase its sales by 12%

                                    East          Central        West          Total

Sales                   $412,000  $670,000   $520,000 $1,602,000

Variable exp.         181,280     207,700      166,400      555,380

Contribution

          margin    $230,720    462,300    353,600    1,046,620

Fixed expenses  290,000    332,000     191,000       813,000

Non-Traceable

    Fixed Expenses                                                       338,000

Net operating Income

  (loss)               ($59,280)  $130,300  $162,600   ($104,380)

2b. How much Company's Net Operating Income Increase (Decrease) with the implementation of the above Proposal:

Net operating income before advert = $162,600

Division's net operating income after advert = $160,366

Therefore, the company's net operating loss will increase by $2,234

Explanation:

a) Wingate Company's recent monthly contribution format Income Statement:

Sales                                    $ 1,602,000

Variable expenses                    555,380

Contribution margin               1,046,620

Fixed expenses                        1,151,000

Net operating income (loss) $ (104,380)

b) Division West's Income Statement:

Sales                                 $582,400 ($520,000 x 1.12)

Variable expenses             203,034  ($181,280 x 1.12)

Contribution margin        $379,366

Fixed Expenses                 219,000 ($191,000 + 28,000)

Net Operating Income    $160,366

c) If sales value increases by 12%, the variable expenses will increase proportionately, unless there is an increase in the price, which will ultimately reduce demand, further depressing the sales value.  This is why it is called Variable Cost.  Therefore, a different result will be obtainable if the variable expenses are held constant, contrary to its behavior.

4 0
3 years ago
Sebastian is an employee at Plowell Inc. His duties include preparing reports and analyzing company data. He also appraises fina
Angelina_Jolie [31]

Answer:

The answer is option (D) management accountant.

Explanation:

A management accountant is an employee who prepares financial and non-financial data, verify the data, interpret information from such data and combine them (both financial and non-financial) in order present a complete picture of the business.

The results of management or managerial accounting help a company make informed business decisions that would ensure the success of the business and help sustain it.

7 0
3 years ago
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