Cost allocation can occasionally result in favoritism, with one department receiving significantly more if cost managers care for it more.
This kind of bias can also lead to a number of related problems, like rivalries, competition for resources, and the expansion of departmental requirements and ideas.
What justifies the allocation of support costs?
The management can use the important data that cost allocation provides about how costs are used to make decisions. It helps determine whether the departments or products are profitable enough to justify the costs allocated by displaying the cost objects that account for the majority of the costs.
Which procedure is used to allocate costs to the support department?
There are three ways to divide costs for the support department: the direct, the reciprocal, and the step-down. The assumptions regarding how services provided by one support department are distributed to other support departments are the primary distinctions between the methods.
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Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.
E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.
E-commerce is the interest of electronically buying or selling merchandise on online services or over the net. E-trade draws on technologies together with cellular trade, digital funds transfer, supply chain management, internet marketing, online transaction processing, electronic records interchange, inventory control structures, and automatic statistics series systems.
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Answer: 11.95%
Explanation:
Present value of the bond before you sold it;
FV = 1,000
N = 6
PMT = 100 = 10% * 1,000
Rate = 8%
Using excel to calculate, use the PV function;
Present value of bond = $1,092.46
Present value of bond after you sell it;
FV = 1,000
N = 5
PMT = 100 = 10% * 1,000
Rate = 7%
Present value = $1,123.01
The Annual total rate of return will be = ( New Price - Old price + Income) / Old price
= ( 1,123.01 - 1,092.46 + 100) / 1,092.46
= 11.95%
To professionally address it from a honest and clear point of view. Hope this helps:)
Answer:
An <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.
Explanation:
Financial statements refers to a statement that that provides formal records of all financial activities and standing of a company or any entity in a structured and easily understandable manner.
For each item of financial statement, an account is kept with the aim of giving a an accurate record of all business activities that are germane to that specific financial statement item.
The purpose of a general ledger is to show individual transactions and resulting account balance of each account of a company as a single collection.
Therefore, an <u>account</u> is maintained for each financial statement item, whereas a(n) <u>general ledger</u> contains all of the accounts of the company.
