All categories

3 years ago

Which is NOT true of the various methods of allocating service department costs?

Business

1 answer:

alexandr1967 [171]3 years ago

4 0

Answer:

The statement which is NOT true of the various methods of allocating service department costs is:

b. The choice of method affects the optimal allocation of resources

Explanation:

The allocation method used by an organization does not affect whether the organization's resources are allocated optimally or not. After all, what is at stake is not the allocation of resources, but the allocation of consumed resources. An organization is free in making its choice of method. The basis for choosing an allocation method is to ensure that costs are allocated optimally and not resources.

You might be interested in

Stallman Company took a physical inventory on December 31 and determined that goods costing $275,260 were on hand. Not included

Tpy6a [65]

Answer:

Inventory at year-end: 344,000

Explanation:

The inventory should add the purchased goods from Pelzer as the possesion is transfer at shipping point.

The sales units to Alvarez should also be included as teh transfer is not complete yet. The term on this transaction are at destination.

Total inventory in transit: 28,940 + 39,800 = 68,740‬

on hand: $ 275,260

in-transit: $ 68, 740

Total: $ 344,000

5 0

3 years ago

Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called

I am Lyosha [343]

I believe your answer is:

economies of scale

3 0

3 years ago

Cultural tourism or World Heritage sites are often designated by:

Mrrafil [7]

Answer:

The correct answer is letter "B": United Nations Educational, Scientific, and Cultural Organization.

Explanation:

The United Nations Educational, Scientific, and Cultural Organization (UNESCO) is a specialized organism of the United Nations (UN) System. UNESCO works towards creating proper conditions for communication between civilizations, cultures, and peoples, funded in respect of human values. At the same time, contributes to peace conservation and worldwide security through the promotion of cooperation between countries through science, culture, communication, and information.

The UNESCO World Heritage Committee is the board in charge of designing cultural and natural World Heritage sites such as the Taj Mahal (India), the Historic Sanctuary of Machu Picchu (Peru) or the Serengeti National Park (Tanzania).

5 0

3 years ago

Item 1Item 1 Weismann Co. issued 11-year bonds a year ago at a coupon rate of 11 percent. The bonds make semiannual payments and

Mamont248 [21]

Answer:

Price of the bond is $940.

Explanation:

Price of bond is the present value of future cash flows. This Includes the present value of coupon payment and cash flow on maturity of the bond.

As per Given Data

As the payment are made semiannually, so all value are calculated on semiannual basis.

Coupon payment = 1000 x 11% = $110 annually = $55 semiannually

Number of Payments = n = 11 years x 2 = 22 periods

Yield to maturity = 12% annually = 6% semiannually

To calculate Price of the bond use following formula of Present value of annuity.

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$55 x [ ( 1 - ( 1 + 6% )^-22 ) / 6% ] + [ $1,000 / ( 1 + 6% )^22 ]

Price of the Bond = $55 x [ ( 1 - ( 1.06 )^-22 ) / 0.06 ] + [ $1,000 / ( 1.06 )^22 ]

Price of the Bond = $662.29 + $277.5

Price of the Bond = $939.79 = $940

8 0

3 years ago

Suppose that the world price of oil is $70 per barrel and that the United States can buy all the oil it wants at this price. Sup

inysia [295]

Answer:

The supply and demand curves for the United States are shown in the graphs attached.

Explanation:

Free trade in oil implies that a country in the international oil market can import as much oil as it wants and export as much oil as it wants.

The costs of demand and the revenues obtained in each case are given below:

QD1 cost = 68 × 70 = $4,760

QS1 revenue = 16 × 70 = $1,120

QD2 cost = 470 × 70 = $32,900

QS2 revenue = 15 × 70 = $1,050

QD3 cost = 672 × 70 = $47,040

QS3 revenue = 14 × 70 = $980

QD4 cost = 874 × 70 = $61,180

QS4 revenue = 13 × 70 = $910

QD5 cost = 1076 × 70 = $75,320

QS5 revenue = 12 × 70 = $840

Find the graph attachments.

7 0

3 years ago