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
AlekseyPX
3 years ago
7

Overhead costs: Multiple Choice Cannot be traced to cost objects in a cost-effective manner, but are instead allocated to cost o

bjects. Are always variable costs. Cannot be allocated to cost objects. Are only incurred by manufacturing companies.
Business
1 answer:
NikAS [45]3 years ago
8 0

Answer:

Cannot be traced to cost objects in a cost-effective manner, but are instead allocated to cost objects.

Explanation:

Overhead costs refers to the costs or expenses that are incurred for operating a business activity. It is reflected on the income statement of a particular firm which includes all of the expenses but it excludes the direct material cost, direct labor cost and other direct costs. Theses expenses are incurred generally for producing the output.

It cannot be traced because these are very critical costs to operate a  business.

You might be interested in
Patrick's lease is ending soon, and he wants to rent at a different apartment complex. He
Komok [63]

Answer:

The Fair credit reporting act

Explanation:

4 0
3 years ago
Read 2 more answers
What are the key elements of communication process?
Vikki [24]

Seven major elements of communication process are:

(1) sender

(2) ideas

(3) encoding

(4) communication channel

(5) receiver

(6) decoding

(7) feedback.

8 0
2 years ago
Cayo Casta Cabins Corporation recently purchased Ship Island Resort and Casino and the land on which it is located with the plan
PilotLPTM [1.2K]

Answer:

4) recorded as a reduction of the cost of the land.

Explanation:

When you are calculating the cost of any land purchased, you must start with the purchase price and add all the expenditures necessary for getting the land  ready, e.g. legal fees, taxes, real estate commissions, land grading, clearing the trees, etc., and subtract any revenue obtained, e.g. from the sale of salvaged materials or timber.

total cost of land = purchase price + (fees, commissions, grading, clearance expenses, taxes, etc.) - revenue (salvaged materials, scrap, timber, etc.)

4 0
3 years ago
The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Cash sales are normally 30% of to
nadezda [96]

Answer:

<u>Thus Calculation of September Cash Receipts is as follows:</u>

September Sales ( $170,000 × 30%)  = $51,000

August Sales ( $150,000 × 55%)        =  $82,500

Total                                                     =  $133,500

Explanation:

September cash receipts will include the following :

  1. 30% of September Sales
  2. 55% of August Sales

<u>Thus Calculation of September Cash Receipts is as follows:</u>

September Sales ( $170,000 × 30%)  = $51,000

August Sales ( $150,000 × 55%)        =  $82,500

Total                                                     =  $133,500

5 0
3 years ago
Hot Shot Delivery Inc. provides the following year end data:
saw5 [17]

Answer:

27.3%

Explanation:

rate of retun on assets:

\frac{Income}{Assets} = $Assets rate of return

​where:

Net income:              112,000

2018 Assets:           410,000

\frac{112,000}{410,000} = $Assets rate of return

$Assets rate of return 0.2731707317073171‬ = 27.32%

During 2018 each dollar of assets generate 27.32 cents of income.

3 0
2 years ago
Other questions:
  • Alpha company anticipated unit sales of widgets are January, 5,000; February, 4,000; and March 8,000. Alpha consistently maintai
    12·1 answer
  • What steps should to you take to prioritize your workload?
    9·2 answers
  • Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, a
    15·1 answer
  • On June 25, Easy Repair Service extended an offer of $150,000 for land that had been priced for sale at $171,000. On July 9, Eas
    5·1 answer
  •  As you track your progress, you'll act, observe, adjust, and then 
    5·2 answers
  • Inventory reduction via JIT is an effective tool for identifying
    10·1 answer
  • A smart fraudster usually manipulates which financial record in order to better avoid an audit trail? Group of answer choices In
    6·1 answer
  • The marginal propensity to consume is defined as the
    6·1 answer
  • Donovan Company incurred the following costs while producing 500 units: Direct Materials, $10 per unit; Direct Labor, $25 per un
    9·1 answer
  • A(n) ________ is an organizational change that involves rethinking the nature of the business and the nature of the organization
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!