To respond to the structure of its industry, an organization should choose a __________.
Competitive strategy
Answer:
The Number of warehouses completed would not be a rational base for allocating overhead costs to the warehouses.
Explanation:
For allocating the overhead cost to the warehouse. Following things need to be considered.
1. Square footage of the warehouses : Based on the square foot of the warehouse, the overhead cost can be easily allocated. As different warehouses have different square foot. So there would be different allocation criteria for each warehouse.
2. Labor Hours : According to the labor hours, the overhead expense can be allocated. In warehouse, the size of labor is matter. As more labors are available, the chances of more allocation expenses would be there and if there is less labors so the allocation expenses would be less.
Depending upon the size of the labors, the allocation of overhead differs.
3. Direct material cost : The warehouse is required when more supplies of material is to be required. So here, direct material plays an very important role while allocating the overhead cost. Depending upon the quantity of material, the overhead expenses differs.
4. Number of warehouses completed : As without knowing the size and capacity of the warehouses, it is difficult to allocate the overhead expense. Moreover, the same cost is been allocated which is not acceptable.
Hence, the Number of warehouses completed would not be a rational base for allocating overhead costs to the warehouses.
Answer:
have received its powers through the delegation doctrine.
Explanation:
The delegation doctrine establishes that Congress has the power to delegate authority to federal administrative agencies (e.g. FDA) which enables them to create rules regulating certain specific activities, and to provide oversight regarding the specific activities that they regulate.
In order to create this federal agencies and to delegate them authority, Congress must pass enabling legislation by which the agency is created. This legislation must specify the agency's name, purpose, functions and the specific powers being delegated to them.
Answer:
Requirement 1
Loss on Exchange $ 1,600 (debit)
New Model $58,000 (debit)
Accumulated Depreciation -Old Model $21,200 (debit)
Cost -Old Model $48,000 (credit)
Cash $32,800 (credit)
Requirement 2
Loss on Exchange 24,800 (debit)
New Model $26,800 (debit)
Accumulated Depreciation -Old Model $21,200 (debit)
Cost -Old Model $48,000 (credit)
Cash 24,800 (credit)
Explanation:
Note : the exchange lacks commercial substance.
IAS 16 gives an exception on the measurement of Cost of Acquired asset when the transaction lacks commercial substance.
The Acquired Asset will be Measured at Carrying Amount of Asset given up.Otherwise the Acquired Asset would be measured at Fair Value of Asset given up of Fair Value of Asset Acquired.
Carrying Amount of Asset Given up = Cost - Accumulated Depreciation
= $48,000 - $21,200
= $26,800