Answer:
C. There should be logical association between the allocation base and the incidence of costs.
Explanation:
We define the allocation base as that quantity through which the overhead cost and be allocated to. This base is usually in the form of a quantity. It could be the kilowatts used in hours, or the machine hours used.
It should be able to show to a logical extent how the cost object used the resources to which it is assigned
Public Choice theory focuses on people's political decision-making processes. Rent seeking is the attempt to obtain a legal privilege that will allow you to earn money.
<h3>What is an example of Public Choice Theory?</h3>
Public choice theory is frequently used to explain how political decision-making results in outcomes that contradict public preferences.
Many advocacy groups and pork barrel projects, for example, are not in the best interests of democracy as a whole.
Learn more about public choice theory at;
brainly.com/question/1100980
#SPJ1
To figure this out, we need to write down some rules/formulas.
Max works 40 hours per week. There are 52 weeks within a year. He made $25,480 last year, and now we're looking for how much he made per hour.
Since we have 52 weeks in a year, divide 25,480 by 52 to get how much he made per week. Once we do that, divide that quotient by 40 to get how much he made per hour.
25,480/52 = 490.
He made $490 per week, but now we must divide by 40 to get how much he made per hour, since we have 40 hours.
490/40 = 12.25
Max made $12.25 per hour.
I hope this helps!
If the company follows the supplier's credit terms, the most expensive trade credit the company might receive is $56,699.
First step
Net purchases = $800,000 × (1 − 2 %)
= $800,000 × 98%
= $784,000
Second step
Net per day = $784,000/365
= $2,147.95
Third step
Total trade credit = Net days × Net per day
= 40 × $2,147.95
= $85,918
Fourth step
Free credit = Net per day × Discount days
= $2,147.95 x 15
= $32,219
Fifth step
Costly credit = Total credit − Free credit
= $85,920 - $32,219
= $53,699
In conclusion, If the company complies with the supplier's credit requirements, the greatest amount of expensive trade credit it might obtain is $56,699.
To learn more about trade credit
brainly.com/question/28940561
#SPJ4
I’m happy to answer this question if you can give me more detail.