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4 years ago

Activity-based costing systems: Multiple Choice

Business

1 answer:

uranmaximum [27]4 years ago

7 0

Answer:

Assign overhead to products based on the products´ relative usage of direct labor.

Explanation:

It is an accounting method. Recognizes the relationship between costs, overhead activities, and manufactured products. By doing this relation the assignation of indirect costs is less arbitrarily than traditional methods. It is very used in the manufacturing sector.

I hope this answer helps you.

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: Jane and Sarah are both investors. Jane has invested thousands of dollars into one small company. Sarah has invested hundreds

Alja [10]

Answer:

Sarah has invested in sole proprietorship while Jane has invested in corporations

Explanation:

Sole proprietorship is owned and run by a single owner who is legally obligated for all business assets and liabilities. Since Sarah has invested thousands of dollars in one company, it looks like she has invested in sole proprietorship in which she is the owner.

Corporation is run by group of people who are not legally obligated for the assets and liabilities of the corporation. People can invest in more than one corporation as they are open for public offer. These investors earn dividends based on the earnings earned by the corporations So, possibly Jane has invested hundreds of dollars in different large companies.

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3 years ago

Suppose that the bankruptcy law firm had previously loaned $20,000 to Henry Anderson. The law firm filed a financing statement s

pantera1 [17]

Answer: This loan would would have priority over the other unsecured claims in this bankruptcy case.

Explanation:

Since the trucks are secured collateral the loan is a secure loan. It will be the priority in the bankruptcy case since the other claims were unsecured. The law firm would have a right to the trucks since he owed them 20,000$ and put them up as collateral.

Everything that was an unsecured loan does not have anything to take from and will be a loss for the other companies who filed against Henry Anderson.

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4 years ago

Suppose Capital One is advertising a 60-month, 5.04 % APR motorcycle loan. If you need to borrow $ 8 comma 100 to purchase your

zhuklara [117]

Answer:

$153.01

Explanation:

For computing the monthly payment we need to apply the PMT formula i.e to be shown in the attachment

Given that,

Present value = $8,100

Future value or Face value = $0

RATE = 60 months = 5 years × 12 months

NPER = 5.04% ÷ 12 months = 0.42%

The formula is shown below:

= PMT(RATE;NPER;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the monthly payment is $153.01

3 0

4 years ago

Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the pr

Colt1911 [192]

Answer: my reaction would probably not be good

Explanation:

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3 years ago

The Tragedy of the Commons will be evident when a growing number of sheep grazing on the town commons leads to the destruction o

alexdok [17]

Answer:

the answer is C. auction off a limited number of sheep-grazing permits.

Explanation:

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3 years ago