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2 years ago

Activity based costing _____________

Business

1 answer:

Ilia_Sergeevich [38]2 years ago

7 0

Answer:

1. groups costs into meaningful buckets that are then distributed based on the activity or product they support.

Explanation:

Activity based costing basically categorizes various overheads into different activities, that leads to charge of overheads based on different activities.

In this manner overheads that shall be charged on some standard products based on the activities involved is charged accordingly, and not based on standard overhead allocation rate.

Basically the overheads are divided into various activities and then distributed to each product based on the volume of activity in the manufacturing process of such activity.

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Carson Corporation stock sells for $35 per share, and you’ve decided to purchase as many shares as you possibly can. You have $5

snow_tiger [21]

Answer:

2041 shares

Explanation:

Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571

maximum number of shares = $ 71428.571 / $ 35 = 2040.812 approx 2041 shares

6 0

2 years ago

on january 1 of year 1, congo express airways issued $3,400,000 of 7% bonds that pay interest semiannually on january 1 and july

alex41 [277]

If the company's December 31, year 1 balance sheet should reflect total liabilities associated with the bond issue (including interest) in the amount of: E. $3,120,000.

<h3>How to find the total liabilities?</h3>

Using this formula to determine the total liabilities

Total liabilities = Bond's issue price + (Amortized discount x 2)

Let plug in the formula

Total liabilities = $3,100,000 + ($10,000 x 2)

Total liabilities =$3,100,000 + $20,000

Total liabilities = $3,120,000

Therefore the correct option is E.

Learn more about Total liabilities here:brainly.com/question/28390357

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7 0

8 months ago

A buyer and a seller are disputing a contract for sale and purchase. They agree to submit the matter to a third party who will m

leonid [27]

Answer:

Arbitration

Explanation:

Based on the information provided within the question it can be said that this type of settlement is called Arbitration. This term refers to a form of resolving disputes outside of the court system by bringing in a third party who will render an "arbitration award" that will make a binding determination on the dispute. Which is completely enforceable in the courts.

3 0

2 years ago

On January 1, the first day of its fiscal year, Pretender Company issued $12,700,000 of five-year, 11% bonds to finance its oper

yarga [219]

Answer:

1) Debit Bank $11787069 Debit bond discount $912931 ; Credit Bond $12700000

2) Debit Interest expense $751293 ; Credit Bank $660,000 Credit Discount on Bond payable $91293

3 )Debit interest expense $ 751293 ; Credit bank 660000, Credit discount on bond payable $91293

b)Interest expense = $1502586

c)It is because a financial crisis might have happened prior to issuing the bond and the company still went ahead with issuing even though the rate has changed.

Explanation:

interest expense = 12000000 * 0.11 * 6/12=$660000

discount on bond payable = $912931 /5 = 182586 /2= 91293

Interest expense = $751293 * 2 = $1502586

7 0

2 years ago

Nettie can produce 8 cupcakes or 4 hamburgers in an hour. becky can produce 4 cupcakes or 8 hamburgers in an hour. they each can

Alex73 [517]

The correct answers are four and four (4,4).

Why? Since Nettie was able to produce 8 cupcakes and 4 hamburgers within an hour, which gives her 8 cupcakes and 4 hamburgers available for trading while Becky was able to produce 4 cupcakes and 8 hamburgers in an hour. When they traded each other for a certain food its value will be equal to the opposite food, like 1 hamburger is equivalent to 1 cupcake, Nettie consumed 4 hamburgers, while Becky consumed 4 cupcakes, which is why they both consumed 4 pieces of food each after their trade.

4 0

2 years ago