Answer:
One of the great dangers in allocating common fixed corporate costs is that such allocations can make a product line look less profitable than it really is.
Explanation:
Therefore, care must be exercised so that a product line is not eliminated because the common fixed costs have been allocated to it such that it becomes unprofitable. This is why it is necessary to identify activity cost pools into which such fixed costs can be accumulated and from which they can be allocated to product lines. Using ABC costing approach, for instance, offers a means of escape because the system tries to allocate costs based on the level of usage or consumption of such common costs by each product line instead of using arbitrary allocation formulas.
Answer:
warranty liablity account ending balance: 3,510,000
Explanation:
In total, we expect a warranty expense for 6% for each sale distributed among three years.
For the 32,000,000 million sales for 2019 we expect:
32,000,000 x 6% = 1,920,000 warranty expense.
warranty liaiblity
debit credit
beginning 3,370,000
expenditures 1,780,000
warranty expense <u> 1,920,000</u>
balance 3,510,000
Answer:
value of your total investment income 362.80
Explanation:
The computation of the value of your total investment income in two years is shown below
Value of Dividend after 2 years (200 × .20 × 1.07)42.80
Value of Liquidating Dividend (200 × 1.60) 320.00
value of your total investment income 362.80
File extensions are a way of labelling the names of files so you and your computer can keep track of what they contain. File extensions are a way of letting the user and their computer know what type of program created any given file.
B. False. There are usually multiple choices depending on credit score and such.
