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.
Answer:
C. 5,000 units
Explanation:
The break-even point is the number of units Gourmet Pets needs to sell to outweigh the fixed costs plus the production costs. Let 'x' be the number of Prime Cuts units sold, the expression that models the balance for Prime Cuts is:
In order to break even, the balance must be equal to or greater than zero:
The break-even point would be 5,000 units.
Answer:
The accumulated depreciation at 1 January 2019 = $425000
January 1, 2019
Accumulated Depreciation 425000 Dr
Cash 400000 Dr
Loss on disposal 95000 Dr
Machine 920000 Cr
Explanation:
The straight line method of depreciation charges a constant depreciation expense every year through out the estimated useful of the asset. The depreciation expense per year under this method is calculated as,
Depreciation expense per year = (Cost - Residual value) / estimated useful life of the asset
Depreciation expense per year = (920000 - 70000) / 8 = $106250 per year
The asset was used for four years from 2015 to 2018. Thus, the accumulated depreciation at 31 December 2018 is,
Accumulated depreciation - 31 Dec 2018 = 106250 * 4 = $425000
The Net book value of the asset at 31 December 2018 = 920000 - 425000 = $495000
The loss on disposal is = 495000 - 400000 = $95000
Answer:
cleaning up trash off the side of the road...
Answer:
Performance
Explanation:
The ultimate responsibility of the manager is to accomplish the high performance that represent the attainment of the organization goals via using the resources in a best way i.e. efficient and effective manner
So the responsibility of the manager is to accomplish the high performance so that the company could attain its goals and objectives
