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DaniilM [7]
3 years ago
6

Pre-determined overhead rates are calculated by dividing estimates of total factory overhead cost in the upcoming accounting per

iod (usually a year) by an estimated usage or capacity of some unit of related activity (such as direct labor hours).
A. True
B. False
Business
1 answer:
Anna11 [10]3 years ago
3 0

Answer:

The correct option is A, true

Explanation:

The predetermined overhead absorption rate is a forecast overhead rate usually computed by estimated total factory overhead by the planned usage or capacity  of the unit of the activity.

This is more like planning ahead for the overhead to be incurred, hence the correct option is A , which truly supported that the statement made in the question

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AlekseyPX
Pardon me but how about…yes?

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2 years ago
Explain why the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Advisory Board (FASAB) inc
Irina18 [472]

Answer:

Please refer the reason in detail below

Explanation:

For state and local government entities, additional standards are promulgated by the Governmental Accounting Standards Board ("GASB") and for the federal government, additional standards are promulgated by the Federal Accounting Standards Advisory Board ("FASAB").

GASB considers budgetary comparisons as an important part of the basic financial statements and financial reporting and therefore include budgetary comparisons in their concept statements

4 0
3 years ago
The most socially responsible companies establish _____ for their vendors, setting clear policies for human rights, wages, safet
AfilCa [17]
In order to help the student expand his/her knowledge I will help answer the question. This in hope that the student will get a piece of knowledge that will help him/her through his/her homework or future tests.

The most socially responsible companies establish codes of conduct for their vendors, setting clear policies for human rights wages, safety, and environmental impact. In fact many of this companies have this establish today.
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I hope it helps, Regards.</span>
3 0
3 years ago
You paid $25 for your ticket to the football game, only to see your favorite team losing 28-0 at the end of the first quarter. T
Alexus [3.1K]

Answer:

Sunk; disregarded

Explanation:

Sunk cost is cost that has already been expended and cannot be recovered. It shouldn't be considered when making decisions.

No matter how much one argues, one would not be able to recover the $25. Therefore, it is sunk cost.

I hope my answer helps you

8 0
3 years ago
Which of the following management orientations accurately characterizes a company that bases its decisions primarily on market r
Aleonysh [2.5K]

Answer: Geocentric orientation

Explanation:

The management orientation that accurately characterizes a company that bases its decisions primarily on market research is the geocentric orientation.

A company that uses a geocentric orientation sees the whole world as a global market. We should note that a geocentric company makes its products and develops a marketing mix that's standardized for the global market.

7 0
2 years ago
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