Answer:
A static budget is one that shows estimated revenues and costs at multiple activity levels.
True
Which of the following is not typically found in a decentralized organization?
Asset center
Explanation:
Answer:
Activity-based costing involves the identification and assignment of cost to different activities in an organization. As per definitions, the correct match of these activity descriptions and their key terms would be as follows:
A). <u>Unit-level activities</u> - These include Activities performed for each unit of production.
B). <u>Batch-level activities</u> - It includes Activities performed for each batch of products rather than each unit.
C). <u>Product-level activities</u> - These activities include the Activities performed in support of an entire product line but are not always performed every time a new unit or batch of products is produced.
D). <u>Facility-level activities</u> - These are the Activities required to support or sustain an entire production process.
E). <u>Customer Level Activities</u> - These Activities are required for supporting every single customer.
The scale of measurement used here is an ordinal scale.
Ordinal scales ask participants to rate things like satisfaction, happiness, comfort. etc. The important thing to remember about this scale is that the order of the values matter the most. For example: we know that a 5 is better than a 1, but we are unsure of exactly how much better. This difference cannot be quantified or measured exactly. An easy way to remember this one is that ordinal sounds like "order" and that is what this measure is used for- putting things in order.
The most common form of ordinal measures is the Likert Scale. The question is an illustration of a Likert Scale.
Answer:
Manufacturing overhead rates based on direct labor will increase and the total overhead itself will increase as a result of the increased use of equipment instead of direct labor.
Explanation:
When overhead rates are based on direct labor and automated equipment replaces direct labor, the number of direct labor hours will decrease. This will cause an increase in the predetermined overhead rates since fewer direct labor hours will now divide the same or even an increased level of overhead. Even the overhead costs will increase from the replacement of direct labor with equipment.
Answer:
12%
Explanation:
Calculation for what is your rate of return in this investment.
Using this formula
Rate of return=Amount paid a year /Amount invested in
Perpetuity fund
Let plug in the formula
Rate of return=$3,000/$25,000
Rate of return=0.12*100
Rate of return=12%
Therefore the Rate of return will be 12%
