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Elena-2011 [213]
2 years ago
5

One of the great dangers in allocating common fixed Blank 1 of 1 costs is that such allocations can make a product line look les

s profitable than it really is.
Business
1 answer:
lara31 [8.8K]2 years ago
4 0

Answer:

One of the great dangers in allocating common fixed corporate costs is that such allocations can make a product line look less profitable than it really is.

Explanation:

Therefore, care must be exercised so that a product line is not eliminated because the common fixed costs have been allocated to it such that it becomes unprofitable.  This is why it is necessary to identify activity cost pools into which such fixed costs can be accumulated and from which they can be allocated to product lines.  Using ABC costing approach, for instance, offers a means of escape because the system tries to allocate costs based on the level of usage or consumption of such common costs by each product line instead of using arbitrary allocation formulas.

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ABC, Incorporated desires to have the most qualified people in every position throughout its organization. This is an example of
Mashutka [201]

Answer:

The correct answer is letter "A": Developing human capital.

Explanation:

Developing human capital implies training existing employees of the company so they can specialize in their every-day duties which is likely to be positively reflected in their efficiency at work, increasing at the same time the productivity of the organization.

4 0
3 years ago
Which of the following types of organization development interventions involves attracting good people, setting goals, and appra
4vir4ik [10]

Answer:

A. human resources management intervention

Explanation:

Human resources interventions are oriented in the way of managing people in the more effective an efficient way. The typical responsibilities of human resources are of handling recruiting, hiring, performance, compensation, benefits, and career development.

4 0
2 years ago
Read 2 more answers
Top management of Drexel-Hall is considering closing Store 3. The three stores are close enough together that management estimat
Zarrin [17]

Answer:

Compute the increase or decrease that closing Store 3 should cause in: a. Total monthly sales for Drexel-Hall stores.

  • total monthly sales should decrease from $1,800,000 to $1,380,000 = a $420,000 reduction

b. The monthly responsibility margin of Stores 1 and 2.

  • store 1 responsibility margin increased from 10% to 12.55% (2.55% increase)
  • store 2 responsibility margin increased from 9% to 13.69% (4.69% increase)

c. The company’s monthly income from operations.

  • increased from $72,000 to $140,200 ($70,200 increase)

Explanation:

                                                Store                 Store                Total                                          

                                                   1                         2

Sales                                         $660,000          $720,000     $1,380,000

Variable costs                          $409,200          $453,600        $862,800

Contribution margin                $250,800          $266,400         $517,200

Controllable fixed costs           $120,000          $102,000        $222,000

Performance margin                $130,800           $164,600        $292,200

Committed fixed costs              $48,000            $66,000         $114,000

Store responsibility margin      $82,800             $98,600        $178,200

Common fixed costs                                                                    $38,000

Income from operations                                                             $140,200

4 0
3 years ago
For each activity, select the impact on the accounting equation. After doing all transactions, ensure that the accounting equati
soldi70 [24.7K]

Answer:

<u>                                      Assets       =         Liabilities     +       Equity             </u>

1)                                  15,000                          0                       15,000

2)                                  9,000                      9,000                      0

3)                                   1,200                        1,200                     0

4)                                  2,400                        2,400                     0

5)                                 (12,000)                         0                         0

                                     12,000                         0                         0

6)                                   3,000                           0                      3,000    

7)                                   (4,000)                      (4,000)                   0

8)                                   (2,400)                      (2,400)                   0

9)                                        0                           (1,200)                  1,200

10)                                  (1,000)                            0                     (1,000)

TOTALS                       23,200                       5,000                  18,200

5 0
3 years ago
Which of the following is true about certified public accountants (CPAs)?
Artist 52 [7]

Answer:

A. CPAs work for government agencies and corporations.

Explanation:

Certified public accountant (CPA) is the title for skilled, competent, and professionally trained accounts. Accountants play a significant role in any organization's success, be it a business-oriented, government institution, or not-for-profit organization. Employers seek and employ qualified and certified accountants to work in their organizations.

Both the public and private sector engage the services of certified account to take charge of accounting and financial management. The objective is to ensure that financial transactions are recorded correctly, and the financial statement reflects the true picture of the organization as per the generally accepted accounting principles.

3 0
3 years ago
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