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lisov135 [29]
3 years ago
15

Silver Corporation incurred costs of $600,000 for managing the wholesale division during the year. The customer details of the c

ompany were as follows: X Y Z Sales $600,000 $400,000 $200,000 COGS $40,000 $20,000 $15,000 How much cost will be allocated to customer Y, if a cause-effect relationship cannot be established with any cost driver
Business
1 answer:
elena-s [515]3 years ago
8 0

Answer: $200,000

Explanation:

The cost will be allocated to customer Y, if a cause-effect relationship cannot be established with any cost driver will be calculated thus:

Total sales = $600,000 + $400,000 + $200,000 = $1,200,000

The percentage of Y on total sales will be:

= $400,000/$1,200,000 × 100

= 1/3 × 100

= 33.33%

Therefore, the cost that's allocated to Y will then be:

= $600,000 × 33.33%

= $600,000 × 0.3333

= $200,000

Therefore, the correct answer is $200,000

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2 years ago
Kodak resisted making changes as the photography environment was moving from chemical to digital processes. Its ___ prevented th
omeli [17]

Answer:

The correct answer is inertia.

Explanation:

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3 years ago
Which of the following terms refers to a promise made to lenders by a borrower?
Natali5045456 [20]

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Covenant.

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4 0
3 years ago
Taxation of Business Entities, 2016 edition7-65.) Wolverine Corporation made a distribution of $500,000 to Jim Har Inc. in par-t
marusya05 [52]

Answer:

a. Dividend

b. $500,000

Explanation:

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b. The reduced amount would be lower of the distributed amount or 50% of Total E&P

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5 0
3 years ago
Suppose the price level reflects the number of dollars needed to buy a basket of goods containing one can of soda, one bag of ch
IgorC [24]

Answer:

price level fall and value of money is rises

Explanation:

given data

one year basket costs =  $10.00

two year two basket costs =  $9.00

one year buy baskets = $50

year two,buy baskets = $50

to find out

as the price level falls, the value of money  will be

solution

we see that when we compare to 1 year price go down from $10 to $ 9

so deflation at annual rate is \frac{10-9}{10} = 10%

so here

sum of $50 will be buy here = \frac{50}{10} = $5 in one year

and $ 50 buy in 2 year is = \frac{50}{9} = $5.56 in two year

so this is show here that price level fall and value of money is rises

4 0
3 years ago
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