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
lidiya [134]
3 years ago
10

Depreciation

Business
1 answer:
Kitty [74]3 years ago
6 0

Answer:

A) allocates the cost of an asset..

You might be interested in
The Dawson Company manufactures small lamps and desk lamps. The following shows the activities per product and the total overhea
Aleks [24]

Answer:

The total factory overhead to be charged to the desk lamps is $235,000

Explanation:

solution attached below

8 0
3 years ago
Gustavson Corporation uses the direct method to allocate service department costs to operating departments. The company has two
trapecia [35]

Answer:

C) $340,240

Explanation:

                                     Service Department  Operating Department

                                  Administrative Facilities  Assembly Wholesaling

Departmental costs $26,840     $59,400   $183,430   $321,190

Employee time (hours)      4,000       2,000     29,000 15,000

Space occupied - sq ft     2,000       2,000     30,000  6,000

total administrative costs = $26,840

total employee hours = 29,000 + 15,000 = 44,000

administrative cost per employee hour = $26,840 / 44,000 = $0.61

total facilities costs = $59,400

total square feet = 30,000 + 6,000 = 36,000

administrative cost per employee hour = $59,400 / 36,000 = $1.65

total Wholesaling Department cost = $321,190 + ($0.61 x 15,000) + ($1.65 x 6,000) = $321,190 + $9,150 + $9,900 = $340,240

5 0
3 years ago
If the price of milk rose to $6 per gallon, consumers would purchase fewer gallons of milk than if the price were $2 per gallon.
Law Incorporation [45]

Answer:

the law of demand

Explanation:

as the law of demand states that the higher the price the lower the quantity that will be demanded, and the lower the price the higher the quantity that will be demanded

4 0
3 years ago
Flexible Budget for Selling and Administrative Expenses for a Service Company. Cloud Productivity Inc. uses flexible budgets tha
Sauron [17]

Answer:

Total selling and administrative expenses budget for March are as follows:

For sales volumes of $400,000 = $327,000

For sales volumes of $500,000 = $389,000

For sales volumes of $600,000 = $451,000

Explanation:

Note: See the attached excel file for the flexible selling and administrative expenses budget for March

A flexible budget can be described as a budget that changes with the level or volume of activity of a company.

In this question, sales volume is used as the level of activity and a flexible selling and administrative expenses budget for March for sales volumes of $400,000, $500,000, and $600,000 is prepared in the attached excel file.

Download xlsx
4 0
3 years ago
The controller of Norton Industries has collected the following monthly expense data for use in analyzing the cost behavior of m
fomenos

Answer:

Results are below.

Explanation:

Giving the following information:

January $2,700 300

February $3,000 350

March $3,600 500

April $4,500 690

May $3,200 500

June $5,500 700

<u>To calculate the variable and fixed costs, we need to use the following formulas:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (5,500 - 2,700) / (700 - 300)

Variable cost per unit= $7

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 5,500 - (7*700)

Fixed costs= $600

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,700 - (7*300)

Fixed costs= $600

4 0
3 years ago
Other questions:
  • Who has outlook mine is william56453 to help me
    13·1 answer
  • the gdp of a country hasn’t improved in the past three years. the central bank decided to take a measure that will increase the
    13·2 answers
  • Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary p
    6·1 answer
  • Ultimate Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each
    13·1 answer
  • To have an effective marketing exchange process, you must make sure it involves a customer, a provider, a product, and a:
    10·1 answer
  • Which of the following statements is true of partnerships?
    5·1 answer
  • Accounts payable $ 18400 Accounts receivable 11000 Accumulated depreciation – equipment 28000 Advertising expense 20600 Cash 150
    9·1 answer
  • chapter 13Identify the type of cash flow activity for each of the following events (operating, investing, or financing). The com
    11·1 answer
  • Free trade areas that have a common external trade policy, but don't allow for the free movement of people and capital are calle
    6·1 answer
  • a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resou
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!