1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nikolay [14]
3 years ago
7

Each of the following are types of__________allocation methods:

Business
1 answer:
storchak [24]3 years ago
5 0

Answer:

Each of the following are types of Overheads allocation methods.

Explanation:

Factory overheads such as rent, electricity or water can not be traced directly to a cost object.

When determining the cost of a cost object these overheads are apportioned to departments they pass through for processing  or the actual job using an allocation method.

The common methods for allocating overheads are plant-wide rate method, departmental overhead rate method and activity-based costing method.

You might be interested in
Areas of poorly maintained housing in cities are known as A. apartments. B. high rises. C. slums. D. projects.
Romashka-Z-Leto [24]
<span>Areas of poorly maintained housing in cities are known as C. slums.
The term slum refers to the worst parts of a city where people are very poor and live in bad conditions. Apartments can be good or bad, so that option is incorrect; high rises are just tall buildings; projects refer to public housing where the building is owned by the government, so that is also incorrect. 
</span>
5 0
3 years ago
Read 2 more answers
What is a certificate of incorporation? A. taxes a stockholder pays B. a license to form a corporation C. a report filed with th
lions [1.4K]

A license to form a corporation issued by the state government.

3 0
2 years ago
Read 2 more answers
Choose the correct category for the items from Sun Company's perspective.
olga nikolaevna [1]

Answer:

a. Land purchased by Sun Company from a local finance company

1) REAL ASSETS, the land exists as a physical asset regardless of the company's transaction.

b. Sun Company's administration building, which houses the finance department

1) REAL ASSETS, the building exists as a physical asset regardless of the company's transaction.

c. Sun Company's inventories of raw materials

1) REAL ASSETS, the inventories exists as a physical asset regardless of the company's transaction.

d. Accounts receivable: money owed to Sun Company by other companies who have purchased products on credits

2) FINANCIAL ASSETS, accounts receivable is a financial concept, not a physical asset

e. Sun Company's corporate checking accounts

2) FINANCIAL ASSETS, checks is a financial concept that represent money, not a physical asset

3 0
2 years ago
Inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of
jasenka [17]

Answer:

B net income is overstated, assets are overstated, and stockholders' equity is overstated

Explanation:

The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as

Opening balance + purchases - cost of goods sold = closing balance

Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.

6 0
3 years ago
​a _____ controls database operations, including storing, retrieving, updating, and deleting data.
Radda [10]

Answer: A data language controls database operations including storing, retrieving, updating and deleting data

Explanation: This is the definition for manipulation

3 0
3 years ago
Read 2 more answers
Other questions:
  • The nations of western europe, israel, japan, and australia fall into which category of countries
    14·1 answer
  • Johnson, Inc. has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year a
    6·1 answer
  • Tubaugh Corporation has two major business segments--East and West. In December, the East business segment had sales revenues of
    9·1 answer
  • Your company's board of directors expects you and your co-managers to achieve improved company performance outcomes that include
    9·1 answer
  • Discretionary fiscal policy that might occur is​ ______. Automatic fiscal policy that might occur is​ ______. A. a decrease in t
    6·1 answer
  • Which of the following listings correctly describes the order in which the four types of budgets must be prepared?
    14·1 answer
  • A logical way to allocate building maintenance costs to departments would be based on: Select one: A. Machine hours B. Number of
    8·1 answer
  • The following balances are available for Chrisman Company:
    5·1 answer
  • 1. define the forming stage and list four activities that happen in this stage
    8·1 answer
  • Without having a plan in place, managers may focus only on _____ instead of keeping a long-range view and anticipating new oppor
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!