Answer:
Answer for the question.
Sultan Company uses an activity-based costing system. At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools:Activity Cost Pool Activity Measure Expected Overhead Cost Expected ActivityLabor-related Direct labor-hours $254,800 36,400 DLHsPurchase orders Number of orders $8,785 251 ordersParts management Number of part types $72,680 92 part typesBoard etching Number of boards $54,900 1,830 boardsGeneral factory Machine-hours $170,000 17,000 MHsRequired:Compute the activity rate for each of the activity cost pools.
is given in the attachment.
Explanation:
Answer: Option (d) is correct.
Explanation:
Correct Option: Quantity demanded is greater than the quantity supplied.
Excess demand for a product occurs when quantity demanded is greater than the quantity supplied at the ongoing price. When their is a shortage of goods in a market. Excess demand is also known as shortage.
Excess supply occurs in a situation where quantity supplied is greater than the quantity demanded.
Answer:
c. Offshoring.
Explanation:
Offshoring is the process by which an organisation relocates some of its business processes to another country. This is done to take gain a competitive advantage or to reduce cost. Operations such as manufacturing and accounting can be moved to another country.
Ernst & Young sets up operations in the Philippines and moves part of its tax services to the new facility to take advantage of the high quality talent pool there.
Answer: a. it is a non-cash expense, so it needs to be added back to net income when using the indirect method.
Explanation: Depreciation is the measurement of the decline in value of assets. When using the indirect method, since net income is a starting point in measuring cash flows from operating activities, depreciation expenses must be added back to net income. Depreciation is a source of cash inflow because it is a tax-deductible non-cash expense as a result it provides a tax reduction benefit which increases cash flow.
Answer:
Aging of accounts receivable method.
Explanation:
Accounts receivable are the payments owed to a business by its customers. Bad debt occurs when there is uncertainty that an account receivable will be recovered.
The accounts receivable aging method is used to classify debts based on on the length of time past due.
Classifications such as are based on length of time past due and when to time past due is too long it will be considered to be a loss.
Lengths of time used include: 1-30 days past due, 31-60 days past due, 61-90 days past due, 91-120 days past due, and greater than 120 days past due.
