Answer:
a)J = 450,000 +(20% * C)
b)C =250000+ (50%*J )
c)J = 450000 + {20%* [250000+(50%*J)}
Explanation:
a)J = 450,000 +(20% * C)
This represent the total cost of Janitorial Department due to the fact that 450000 is a direct cost of janitorial department plus 20% of total cost of Cafeteria department allocated to Janitorial department.
b)C =250,000+ (50%*J )
This represent the total cost of cafeteria Department due to the fact that 250,000 is a direct cost of cafeteria department plus 50% of total cost of Janitorial department allocated to cafeteria department.
c)
Substituting the value of C determined in part b in part a
J = 450,000 + {20%* [250,000+(50%*J)}
Therefore in place of C in equation 1 ,the value of c determined in equation 2 is thereby substituted .
Answer:
Dollar voting is an analogy that has been used to refer to the impact of consumer choice on producers' actions through the flow of consumer payments to producers for their goods and services.
Answer: Product-oriented layout
Explanation: The product-oriented layout is a production procedure where the materials and tools are located at the assembly lines.
This layout reduces the cost and time used in the handling of machines whereby optimizing the use of space. The product-oriented layout is mostly used when the same products are made without differences.
Answer:
The straight-line depreciation method and the double-declining-balance depreciation method:
Produce the same total depreciation over an asset's useful life.
Explanation:
The straight-line and the double-declining-balance depreciation methods are two of the four depreciation methods allowed by US generally accepted accounting principles (GAAP). The other two methods are sum of the years' digit and units of production. The straight-line method is calculated by subtracting the salvage value from the asset's cost and either dividing the depreciable amount by the number of years or applying a fixed rate on the depreciable amount. For the double-declining-balance method, 100% is divided by the number of years of the asset's useful life and then multiplying by 2 to obtain the depreciation rate. Depreciation expense is then calculated on the declining balance until the salvage value is left. This is why they produce the same depreciation over the asset's useful life.
