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
just olya [345]
3 years ago
6

The cost allocation base​ ________. A. is a systematic way to link an indirect cost or group of indirect costs to cost objects B

. is a grouping of individual indirect cost items C. is anything for which a measurement of costs is desired D. are costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way
Business
1 answer:
ycow [4]3 years ago
6 0

Answer:

The correct answer is letter "A": is a systematic way to link an indirect cost or group of indirect costs to cost objects.

Explanation:

Cost allocation is the method of assigning costs to cost objects. Cost objects are items or activities that are preferable to have their own costs allocated such as a product or a department within a firm. Cost allocation is a measure of profitability at the moment of evaluating a subsidiary. It is mainly used for financial reporting purposes.

You might be interested in
Longhorn Corporation provides low-cost food delivery services to senior citizens. At the end of the year, the company reports th
RUDIKE [14]

Answer:

The income statement, statement of stockholders' equity, and balance sheet for Longhorn Corporation is given below.

<u><em>The income statement</em></u>

Sales Revenue                   $ 67,700

COGS                                 ($ 53,400)

Delivery expenses              ($ 2,600)

Salary expenses                 ($ 5,500)

Net profit                             $ 6,200

<u><em></em></u>

<u><em>Balance Sheet</em></u>

Asset

Cash                                  $ 1,200

Equipment                        $ 29,000

Building                             $ 40,000

Supplies                             $ 3,400

Total Assets                      $ 73,600

Equity

Common Stock                $ 44,000

Retain earning                  $ 24,400

(18,200 + 6,200)

Liability

Account Payable              $ 4,400

Salaries payable                $ 8,00

Total Liabilities                 $ 73,600

<u><em>Statement of Stockholders</em></u>

Opening common Stock           $ 40,000

Addition                                       $  4,000

Closing common Stock              $  44,000

Retain earning Opening            $ 18,200

Net profit                                     $ 6,200

Retain profit Closing                   $ 24,400

Total Equity                                 $ 68,400

4 0
3 years ago
Next year's pro forma statement is based on an annual increase in sales of four percent. The firm is currently operating at 85 p
ELEN [110]

Answer: a) total assets will increase by less than four percent

Explanation:

Since the tax rate and the dividend payout ratio are fixed, and you have net working capital and all costs varying directly with sales, the total assets will increase by a value that is less than the annual increase in sales.

7 0
3 years ago
Which of the following is a non-depository intermediary?
Rina8888 [55]

Answer:

d

Explanation:

i did it

8 0
3 years ago
What is down payment with regarding to buying a house?
mart [117]
The down payment is an initial payment made when something is bought on credit. It usually depends on the type of house or any other form of object
5 0
3 years ago
The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase
umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>

Sales revenue= selling price * number of units

<u>Current:</u>

Sales revenue= 5.5*2,200= $12,100

<u>Proposal:</u>

Sales revenue= 7.5*1,800= $13,500

It is more profitable to raise the selling price by $2.

7 0
3 years ago
Other questions:
  • A system where a signature or profile is created from the observation of usage over time. this signature is used as a baseline t
    8·1 answer
  • Asales software company decides to find out how their products are being used and sold. They approach five different sales execu
    7·1 answer
  • Explain how accrual accounting differs from cash basis accounting if:A. Prepaid insurance beginning $400B. Payments for insuranc
    9·1 answer
  • Under the Uniform Securities Act, all of the following must be disclosed in an investment advisory contract EXCEPT A) other stat
    14·1 answer
  • In the 1990s politicians in Washington D.C. were looking for ways to balance the budget. Former Federal Reserve Chairman Alan Gr
    12·1 answer
  • Use the following information to answer the question below:
    7·1 answer
  • A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit
    6·1 answer
  • Carla needs to examine the structure of the tables in her database. Where will she find the Table Analyzer Wizard in
    5·2 answers
  • Sheffield Inc. took a physical inventory at the end of the year and determined that $845000 of goods were on hand. In addition,
    12·1 answer
  • Sove it then i will become you brain list​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!