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Andrews [41]
3 years ago
12

The cost object(s) of the departmental overhead rate method is: Multiple Choice The unit of product. The production departments

of the company. The production departments in the first stage and the unit of product in the second stage. The unit of product in the first stage and the production departments in the second stage. The production activities of the company.
Business
1 answer:
Paraphin [41]3 years ago
5 0

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

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These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advisin
Degger [83]

Answer:

These financial conglomerates provide a range of services, such as investment banking, commercial banking, and financial advising. ⇒ <u>FINANCIAL SERVICES CORPORATIONS. </u>

The institution described is a Financial Services Corporation as they offer many services to customers including all the above services. The firm type depends on the services it offers.

They are owned by members so that members can share funds among themselves. Members who save deposit the funds. These funds are then loaned to members who need the funds. ⇒ <u>CREDIT UNIONS.</u>

This is a Credit Union. Credit Unions were designed to ensure that people had access to low interest loans. They are like banks in that they loan money but they only loan to members. Members own the Union and it is run on a non-profit basis which is why rates are so low.

With the use of advanced investment techniques, these largely unregulated portfolios are invested in securities. The investment objective is to offset potential losses by investing in counterbalancing securities. They are open to only a select class of investors. ⇒ <u>HEDGE FUNDS. </u>

Hedge funds invest in derivatives a lot and are largely unregulated. They use very advanced investment techniques to earn high returns for their exclusive class of investors who pool funds to provide the Hedge fund with capital for investment.

8 0
2 years ago
On january 1, year 2, kincaid company's accounts receivable and the allowance for doubtful accounts carried balances of $31,000
Gala2k [10]

Answer:

$27,725

Explanation:

Given that,

kincaid company's accounts receivable = $31,000

Allowance for doubtful accounts at January 1 = $500

Wrote off receivables as uncollectible = $550

1% of credit sales

cash collections of receivables = $74,550

Accounts receivable:

= Accounts receivable at January 1 + Credit sales - Wrote off receivables as uncollectible - Cash collection of receivables

= $31,000 + $72,500 - $550 - $74,550

= $28,400

Accounts for Doubtful Accounts:

= Allowance for doubtful accounts at January 1 - Wrote off receivables as uncollectible + 1% of credit sales

= $500 - $550 + (0.01 × $72500)

= $500 - $550 + $725

= $675

Net realizable value of receivables:

= Accounts receivable - Accounts for Doubtful Accounts

= $28,400 - $675

= $27,725

Therefore, the net realizable value of receivables appearing on kincaid's year 2 balance sheet will amount to $27,725.

3 0
3 years ago
One of the best-reported predictors of college adjustment is:
lesya692 [45]

One of the best-reported predictors of college adjustment is<u> "high self esteem".</u>


Self-esteem is your general conclusion of yourself — how you feel about your capacities and restrictions. When you have solid Self-esteem, you like yourself and consider yourself to be meriting the regard of others.  

The advantages of a high Self-esteem are many. Kids who have high Self-esteem come to esteem themselves and consider themselves commendable accomplices and skilled issue solvers. They build up a solid adjust of preferring their identity, yet additionally perceiving that there are ways they can proceed to develop and to create.

6 0
3 years ago
Benefits add how much value to employees' pay?<br> 10-20%<br> 20-30%<br> 30-40%<br> 50-60%
blsea [12.9K]
The benefits value of employees pay is 10- 20
8 0
3 years ago
Several employees at a fast-food restaurant call in sick at the last minute. The manager tries to fill in but doesn't know how t
VikaD [51]

Answer:  Trained incapacity

Explanation: In simple words, it refers to the idea that after gaining a certain kind of education, skill or experience etc. the level of thinking of an individual cannot go beyond a certain limit.

In the given case, the manager was the upper level employee and was not habitual to the work that was performed by the workers in the restaurant.

Therefore this position in the workplace limited his skills of performing only the managerial work.

Hence from the above we can conclude that the above case depicts trained incapacity.

3 0
3 years ago
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