I feel like it’s depreciation I need help please

Nile Corp. has identified three cost pools to allocate overhead costs. The following estimates are provided for the coming year:

True [87]

Answer:

Overheads cost allocated to Mossman Job = $449

Explanation:

We have been provided the cost of each activity and their respective drivers.

There are three activities

Supervision of Direct Labor = $304,000 for 760,000 labor hours

Machine Maintenance = $153,600 for 960,000 hours

Facility rent = $165,000 for 110,000 square feet

Activities of Mossman Job and respective costs will be as follows:

Supervision of Direct Labor = $304,000/760,000 X 260 labor hours = $104

Machine Maintenance = $153,600/960,000 X 1,500 = $240

Facility Rent = $165,000/110,000 X 70 = $105

Net Overheads cost allocated to Mossman Job = $104 + $240 + $105 = $449

6 0

3 years ago

A bond is issued at a discount when a bond's stated interest rate is ________. A. more than the effective interest rate B. equ

kiruha [24]

Answer: C. Less than Market Interest rate

Explanation: When the interest rate on a bonds issued by an organization is lesser than the prevailing interest rate being offered in the market at a certain time on Bank deposits, loans or other interest bearing funds, organization tends to issue discounts on bonds in scenarios like this and as such bonds are being issued or traded at prices lower or below it's face value in other to encourage investors and bridge the interest gap between the bond rate and the market rate.

8 0

3 years ago

The primary goal of managerial accounting is to provide information to A. internal decisionminusmakers. B. creditors. C. shareho

mylen [45]

Answer:

A. internal decision makers

Explanation:

Managerial accounting is a form of accounting the identification, analysis and interpretation of an entity's information for the pursuance of its set goals and objective by internal users such as Managers.

The information presented by managerial accounting is used by management in making key business decisions.

Elements of managerial accounting includes budgeting and forecasting which differs from financial accounting uses historical data and is meant majorly for external users such as creditors and shareholders.

Hence the primary goal of managerial accounting is to provide information to internal decision makers.

4 0

3 years ago

Jim was a crook. He embezzled $450,000 from his employer. When his employer found out about his misdeeds, before even conducting

kati45 [8]

Answer:

b. Jim may have been misrepresented in the story by the newspaper agency and the company might face legal consequences.

Explanation:

Jim has the right to take legal action against the company for releasing the story. The investigation had not been completed and all facts had not been established by the company.

Also the newspaper did not contact Jim to get his own side of the story before publishing, that could have revealed pertinent information about the case.

4 0

3 years ago

Denny is the owner of a popular ice-cream parlor. He also has a retail distribution network in the form of ice-cream vans that g

AysviL [449]

This is an example of "Equilibrium in business"

<u>Explanation:</u>

Equilibrium is the state of balance between market supply and demand, and as a consequence, prices are stable. Over-supply of goods or services generally causes prices to fall, leading to higher demand. The offers and demand balance effect results in a stable state. Here as Denny have good retail distribution network which allow him to supply across city and maintain lower price due to good availability of ice creams. For Denny reaching to the customers was easy via vans, thus his ice-creams had lower price.

6 0

3 years ago