Answer:
1. Factors to be considered in selecting an allocation base to be used in computing a predetermined overhead rate are:
the cost drivers.
2. The amount of applied overhead for a period does not necessarily have to equal the actual overhead cost of the same period. The reason for the difference is that the applied overhead is based on a predetermined rate(s) and a level or volume of activities, whereas the actual overhead cost is not based on a predetermined rate and a level of activities.
3. Overhead might be underapplied in a given period when the volume of activity between the budgeted and the actual are not equal and when the spending rates differ.
Explanation:
The cost driver is the factor that creates or drives an activity and its associated costs. It is, therefore, the root cause why a particular cost occurs during the activity. This shows that activities consume resources, whereas products and customers consume activities. Examples of cost drivers include the direct labor hours, the direct machine hours, and the number of machine set-ups.
Answer:
The correct answer to the following question is option D) Capability .
Explanation:
Resource typing can be defined as a process in which each resource is assigned a standardized typing designation, which would allow the incident commander to request and deploy the resources. Capability is used to categorize resources , where they will be sought out and mobilized in incident response and management .
Answer:
c. drafting a contract illegally.
Explanation:
In the contracting process, a licensee must be careful to drafting a contract illegally. The licensee can be defined as an individual or group of people holding a license given to them by an authority or authorized agencies, to engage legally in an activity.
Hence, it is required by law that whatever the licensee does after the acquisition of a license must be legal and not a violation of standard rules, and policies of the state or society. Licensee are to abide by the terms and conditions of the license.
Answer:
the Swiss Chalet had higher occupancy than its competitive set in 2019
Answer:
the Merchandise Inventory will be credited by $3200
Explanation:
given data
Retail inventory = 800 units
recorded cost = $13
replacement cost = $ 9 per unit
selling price charged = $15
to find out
the Merchandise Inventory will be
solution
we know here market is equal to current replacement cost that is $9
and here we can say
market is here less than cost
so inventory will be valued at Market
so we find
down in inventory is = 800 × ( 13 - 9 )
down in inventory is = 3200
so the Merchandise Inventory will be credited by $3200