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padilas [110]
2 years ago
9

The costs of services charged to a profit center on the basis of its use of those services are:__________a. support department a

llocationsb. noncontrollable chargesc. activity chargesd. operating expenses
Business
1 answer:
Aleonysh [2.5K]2 years ago
4 0

Answer:

a. support department allocations

Explanation:

These costs are known as support department allocations or service department charges. Every company tends to have these costs since this applies to any department or third party which provides the company with a service. Many times this mainly refers to manufacturing departments and production departments since both provide a service that every company needs in order to obtain their desired product.

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Prepare Journal Entries in a Revenue Journal Horizon Consulting Company had the following transactions during the month of Octob
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Answer and Explanation:

The recording and the computations are as follows

a. The recording of the October revenue transactions are shown below:

DATE INVOICE NO. ACCOUNT DEBITED POST.REF.  

ACCOUNT REC. DR.  FEES EARNED CR.

Oct 2       321        Pryor Co.  

380

Oct 3        322         Armor Co.  

540

Oct 14        323         Pryor co.  

190

Oct 24        324        Rose co.  

790

Oct 31    1900

b) Now the total amount for account receivable and fees earned is

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c) The October 31 balance is

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= $190

5 0
3 years ago
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Sellers allow customers to use credit cards for all of the following reasons: (You may select more than one answer. Single click
Tasya [4]

Answer:

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Question 5 of 10
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