Answer:
The production departments in the first stage and the unit of product in the second stage.
Explanation:
The cost object under the department overhead rate used to allocate the cost based on the cost drivers.
In this departmental overhead rate method, first the overhead is allocated in the first department after that in the second stage the unit of product is done
so that the proper sequencing could be done and actual value could come
Answer:
True
Explanation:
According to the IRS:
- ordinary expenses are expenses that are common and accepted in a company's trade or industry.
- necessary expenses are expenses that help your company carry on its normal business.
Tax deductible expenses must be ordinary, necessary, and reasonable.
<span>If amortisation expenses are spread over 18 years rather than 6 years, amortisation expenses will be lower than they should be. This will cause an increase in net income. In addition, because less of the cost has been expensed, the remaining value of the patent will be too high, thus overstating assets.</span>
wait:( is there's no b because my answer on my own work is b
Answer:
Explanation:
So, we are looking for a linear equation. As we know Equation of a line has different forms, let´s use slope-intercept form:
Where C is the total cost as a function of t, t is the amount of airtime in minutes, m is the slope and b is the y-intercept
Now, let´s use the data provide in order to find m and b:
(E1)
(E2)
We have a 2X2 system of equations, let´s solve it using elimination method:
Replacing b in (E1) or (E2):
Knowing the slope m and the y-intercept b the linear model that represents the total cost as a function of t is:
You can check the results evaluating t=150 and t=300, the results must be 40 and 55 respectively
