Their salaries are DIRECT EXPENSES. Direct expenses refers to expenses incurred which vary directly with changes in the quantity of cost objects. Cost objects are items for which expenses are measured such as costs of materials used to manufacture a product.
Answer:
Explanation:
Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost
= $51,157.84+$5755.62=
= $56,913
Calculations:
Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:
Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $4300000/60000 hours = $71.66 per hour
Overhead (Department A) = $71.66per hour*724 labor hours
= $51,157.84
Department B's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $2200000/60000 hours = $36.66 per hour
Overhead (Department A) = $36.66 per hour*157 labor hours
= $5755.62
Answer:
d. All of these choices are correct.
Explanation:
The earning per share shows a relationship between the net income after considering the preference dividend and the number of outstanding shares
The formula is shown below:
Earning per share = (Net income - preference dividend) ÷ (Number of outstanding shares)
Moreover, it is used for the comparison and it must be reported by a public company on a quarterly basis or annual basis
Answer:- They require companies to use focus strategies to meet specialized customer needs.
Explanation:- A fragmented industry is an industry in which many organizations compete and there is no domination of the industry by any single or small group of companies. However, it is true that they require companies to use focus strategies to meet specialized customer needs.
<span>Kline classify the debt on its December 31, 2018 as a current liability.</span>