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mestny [16]
3 years ago
13

Which of the following statements concerning product costs versus general, selling, and administrative costs is false?

Business
1 answer:
Wewaii [24]3 years ago
6 0
The answer is c products costs I hope this help
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The employer amount of FICA taxes that Red Mountain is required to pay is equal to the amount that it withholds from its employe
kolezko [41]

Answer:

$189,000

Explanation:

The computation of total expense with regards to this payroll is shown below:-

Total expense = Salaries and wages earned by employees + Employer's portion of FICA taxes

= $180,000 + $9,000

= $189,000

Therefore for computing the total expenses with regards to this payroll we simply applied the above formula and we ignore all other values as they are not relevant.

5 0
3 years ago
What would you say are four major faults of measurement
-BARSIC- [3]

Answer:

The major faults of measurement are:

  • Coverage
  • Measurement
  • Sampling and
  • Response

Explanation:

During business research, the data collected during the survey can become very unusable due to errors arising from the factors listed above.

The problem of coverage arises when for instance an electronic survey is used to collect data from a sample population where 69% for instance, do not have access to a mobile phone or a computer.

Measurement problems during a survey speak to the ability to properly design a questionnaire in such a way that it elicits the right kinds of responses. This means asking the right questions so that the responses or answers are accurate. The irony of measurement error is that one's survey is useless if they got the questionnaire design wrong, regardless of whether or not the response rate was very high.

After administering a survey and there is little or no response, one is said to have an error in response rate. A low response rate increases the error margin of the survey as well as it's unreliability.

Sampling errors are said to occur when the sample size is too small or statistically homogenous such that it does not accurately represent the entire population. When this happens it is termed <em>sample frame error.</em>

Another error can occur when the researcher includes the wrong population or excludes the right population. This is called <em>Error in Population Specification. </em>

Cheers

4 0
3 years ago
The George Company has a policy of maintaining an end-of-month cash balance of at least $37,000. In months where a shortfall is
amid [387]

Answer:

  1. $140
  2. $14,140

Explanation:

1. First find the net amount amount the company borrowed in April:

= Cash balance to be maintained + Loan repayment - Budgeted end of April balance

= 37,000 + 1,000 - 24,000

= $14,000

Interest = 14,000 * 12%/ 12 months

= $140

2. Financing effect:

= Amount borrowed + Interest

= 14,000 + 140

= $14,140

6 0
3 years ago
When a company shifts from a traditional cost system in which manufacturing overhead is applied based on direct labor-hours to a
Dimas [21]

Answer:

True

Explanation:

An activity based costing (ABC) system assigns resources to the different production activities, and then unit costs are determined by the proportion of the production activities that every unit requires.

This is a much more complex costing method than just assigning overhead costs based on direct labor hours or machine hours.

6 0
3 years ago
Cayahuga Hardwood produces handcrafted jewelry boxes. A standard-sized box requires 8 feet of hardwood in the finished product.
Serjik [45]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

4 0
3 years ago
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