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3 years ago

Which of the following is an allocation base commonly used under the traditional methods for allocation of overhead costs?

Business

1 answer:

Ksju [112]3 years ago

6 0

Answer: Direct labor hours

Explanation: In simple words, direct labor hours refers to the standard amount of time that the labor takes to complete a task. It is a very common and has been used traditionally as an allocation base for the overhead costs.

Using this as a base, the accountant can allocate the overheads by allocating the per unit cost on the basis of direct labor hours worked in a particular span of time.

Hence, from the above we can conclude that the correct option is B.

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Helen is keen on creating her own company when she graduates from college. She has researched the sector and developed contacts

steposvetlana [31]

Hello,

My question - are there any answer choices.

Your Question - Helen is keen on creating her own company when she graduates from college. She has researched the sector and developed contacts with vendors. She also has a risk-taking personality. What is an appropriate career option for Helen after she graduates from college?

Answer - Manager of a store

Why - Well since she talked to vendors, and vendors could giver her food. But since there are no answer choices its kind of harder to answer.

6 0

3 years ago

Read 2 more answers

The units of an item available for sale during the year were as follows: Jan. 1 Inventory 2,500 units at $5 Feb. 17 Purchase 3,3

svet-max [94.6K]

Answer:

The answers are:

A) Using FIFO, the inventory cost is $11,700

B) Using LIFO, the inventory cost is $7,500

C) Using ACV, the inventory cost is $9,435

Explanation:

<u>Date</u> <u>Units purchased</u> <u>Unit price</u> <u>Total purchase</u>

Jan. 1 2,500 units $5 per unit $12,500

Feb. 17 3,300 units $6 per unit $19,800

July 21 3,000 units $7 per unit $21,000

Nov. 23 1,200 units $8 per unit $9,600

TOTAL 10,000 units $62,900

At December 31, 1,500 units were left in the physical inventory

Using FIFO, the inventory cost is $11,700 [= (1,200 units x $8 per unit) + (300 units x $7 per unit)]
Using LIFO, the inventory cost is $7,500 (= 1,500 units x $5 per unit)
Using ACV, the inventory cost is $9,435 [= ($62,900 / 10,000 units) x 1,500 units]

5 0

3 years ago

jim promised to pay his son $200 semiannually for 6 years. jim can invest his money at 8% in an ordinary annuity. how much must

sleet_krkn [62]

I’m I’m in sixth grade I haven’t learned how to do this yet I’m srry if this was not a good answer

3 0

3 years ago

Read 2 more answers

For a typical firm, which of the following sequences is CORRECT? All rates are after taxes, and assume that the firm operates at

Temka [501]

Answer:

B) rs > WACC > rd.

Explanation:

The formula to compute WACC is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of common stock) × (cost of common stock)

As we know that the risk of equity in comparison to debt is more. And the return in respect of equity is received as an interest whereas for the debt it is received as a dividend.

And, The WACC has come between debt and equity

6 0

3 years ago

A data set is summarized in the frequency table below. Using the table, determine the number of values less than or equal to 6 .

anygoal [31]

Based on the data set that is summarized the number of values less than or equal to 6 are 20.

<h3>What is the frequency of a number?</h3>

The frequency (f) of a given value is known to be defined as the rate or the number of times the value is said to have taken place or seen in the data.

Note that the distribution of a variable is seen to be the pattern of frequencies, that connote that the set of all possible given values and the frequencies is linked to these values.

Note that according to the table, the numbers that are less than or equal to 6 are: 5 + 3 + 2 + 3 + 4 + 3 = 20

Therefore, Based on the data set that is summarized the number of values less than or equal to 6 are 20.

Learn more about frequency from

brainly.com/question/254161

#SPJ1

7 0

1 year ago