Answer:
A. the assignment of indirect costs to the chosen cost object
Explanation:
Cost allocation is the assignment of indirect cost of the cost object. The indirect costs of the project are not directly attributable to the cost object. So, it requires some basis on which its assignment can be made to cost object. Overhead allocation is the example of cost allocation. So, the correct answer is A. the assignment of indirect costs to the chosen cost object.
Answer:
Option (a) is correct.
Explanation:
Manufacturing cost:
= Direct materials + Direct labor + Variable overhead + Fixed overhead
= $80,000 + $100,000 + $30,000 + $60,000
= $270,000
Purchase from outside:
= Fixed overhead + Purchase price
= $60,000 + (50,000 × $10)
= $60,000 + $500,000
= $560,000
Effect on income = Purchase from outside - Manufacturing cost
= $560,000 - $270,000
= $290,000
Therefore, the above calculations shows that income will decrease by $290,000.
Answer:
c
Explanation:
HR handles all office work
Answer:
This statement is "TRUE".
Explanation:
In this business model the cab drivers are dealing directly with the company itself hence eliminating the middlemen which use to take their cut previously.
Answer:
a. I
Explanation:
Affected only if there are upstream inter-company sales of inventory. Because when this happens you're gonna have a non-static inventory, it's gonna be changing, your gonna need to apply a perpetual system due to the constant change due to the upstreams sales.