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levacccp [35]
3 years ago
6

Jamison Company uses the reciprocal services method to allocate support department costs and has gathered the following informat

ion: ​ Janitorial Department Usage Cafeteria 50% Cutting 10% Assembly 40% Cafeteria Department Usage Janitorial 20% Cutting 60% Assembly 20% Janitorial Department costs are $450,000. Cafeteria Department costs are $250,000. What are the correct equations to represent (a) the total Janitorial (J) costs, (b) the total Cafeteria (C) costs, and (c) the rewritten equation substituting C into J?
Business
1 answer:
Daniel [21]3 years ago
4 0

Answer:

a)J = 450,000 +(20% * C)

b)C =250000+ (50%*J )

c)J = 450000 + {20%* [250000+(50%*J)}

Explanation:

a)J = 450,000 +(20% * C)

This represent the total cost of Janitorial Department due to the fact that 450000 is a direct cost of janitorial department plus 20% of total cost of Cafeteria department allocated to Janitorial department.

b)C =250,000+ (50%*J )

This represent the total cost of cafeteria Department due to the fact that 250,000 is a direct cost of cafeteria department plus 50% of total cost of Janitorial department allocated to cafeteria department.

c)

Substituting the value of C determined in part b in part a

J = 450,000 + {20%* [250,000+(50%*J)}

Therefore in place of C in equation 1 ,the value of c determined in equation 2 is thereby substituted .

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fiasKO [112]

Answer:

psychographic factors to segment its market  

Explanation:

Psychographic segmentation -

It is the method ,  by which the customers are characterized according to the characteristics and personalities , is known as psychographic segmentation.

The method is adapted to increase the sale of a particular product , as the organisation focus on certain particular people and take care of the demand and needs .

Hence, the correct term according to the given scenario of the question is psychographic factors.

8 0
3 years ago
Basic Company uses activity-based costing. Assume the predetermined overhead allocation rates are $0.90 per machine hour for mix
Elodia [21]

Answer:

$2.70 mixing; $4.40 sampling

Explanation:

Activity based costing is a process by which the various activities in a production process are identified and cost allocated to each one. Each of these actity costs are added as product cost. It involves assigning indirect cost to direct cost.

For mixing department the cost rate is $0.9 per hour for 3 machine hours. So cost is (0.9* 3)= $2.7

For sampling the rate is $2.20 for 2 tests. So cost is (2.20* 2)= $4.4

7 0
3 years ago
Wilcox Corporation reported the following results for its first three years of operation: 2020 income (before income taxes): $30
inysia [295]

Answer:

$1,890,000

Explanation:

Calculation to determine what income (loss) is reported in 2021

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2021 Reported Income loss=$1,890,000

Therefore the income (loss) that is reported in 2021 will be $1,890,000

8 0
3 years ago
Select items that affect incentives for people to produce and exchange goods and services.
Finger [1]

The items that affect incentives for people to produce and exchange goods and services are:

liability rules
property rights
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<span>These factors will hinder the exchange of goods and services to people.</span>
8 0
3 years ago
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Answer:

A.

Explanation:

Appreciation means that something increases in value therefore it is A.

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