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adelina 88 [10]
3 years ago
7

Which of the following statements is incorrect when allocating service department costs to operating departments?

Business
1 answer:
Whitepunk [10]3 years ago
6 0

Option C is incorrect when allocating service department costs to operating departments.

<u>Explanation: </u>

Typically, fixed costs are not assigned to working departments; however, they have to be absorbed by the service. This statement is incorrect in the service dept. Cost to Operating dept.

The reciprocal method assigns the cost of services to operating departments and other departments. The reciprocal costs are identified and the costs are assigned to each other and to services offered by each service department.

For example, if Service Department A requires certain services of Service Department B, the cost allocation system would not include these services. Since these services are not delegated to other departments, some auditors assume that the direct approach is not right.

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What actions can you take to minimize the chances of an accident when operating a personal watercraft (pwc)?
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To minimize chances of accident when operating a personal watercraft, it is best to always monitor and check the pwc's engine to prevent any leakage or damage in a way that would be dangerous if had not check and had bee operated on. It is best to be mindful and cautious when operating the pwc, especially when you are around with other people with boats to prevent crashing. 
8 0
3 years ago
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__________ have an increasingly important role in top management because of their ability to think strategically, bringing with
noname [10]

Answer:

The correct answer is a) Chief Marketing Officers (CMOs).

Explanation:

Chief marketing Officers determine the demand for the products and services offered by a company and its competitors, and identify potential customers. They develop pricing strategies with the objective of maximizing the benefits of the company or its participation in the market, while ensuring the satisfaction of the company's customers. They monitor product development or follow trends that indicate the need for new products and services.

In companies that manufacture products or are dedicated to the provision of services, marketing directors have to decide the best way to promote themselves to increase sales. Marketing departments are often involved in different aspects of this process, from advertising market research, to public relations, events and sponsorships.

6 0
3 years ago
Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000
frutty [35]

Answer:

preferred stockholders received $15,000 during the first 3 years

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $25,000 in dividends during the third year.

Explanation:

preferred stock = 1,000 shares x $100 par value x 5% = $5,000

common stock = 10,000 shares at $10 par value

dividends declared and paid during the first 3 years:

year       dividends

1               $2,000

2              $6,000

3            $32,000

preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.

7 0
4 years ago
What are the five primary factors of production?
Lina20 [59]
Land, labor, capital, and entrepreneurship
7 0
3 years ago
Which of the following terms is not used in project management? A. Dummy activity. B. Latest finish. C. Optimistic time. D. Lump
zavuch27 [327]

Answer:

Lumpy demand is not used in project management.

The correct answer is  D

Explanation:

Dummy is a zero activity, which helps in network analysis.

Activity refers to a task in network analysis.                                                              

Latest finish time is the latest completion time of a project in network analysis.

Lumpy demand refers to low demand as a result of higher cost. It is not used in network analysis (project management)

8 0
3 years ago
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