Answer:
Statement I and III
Explanation:
Under traditional costing, there is no such identification of various activity pools like activity costing, there is general allocation of overheads based on overhead assigned on labor hours, or machine hours etc:
This is the method in which volume of goods is important and that is what matters for cost allocation.
Further, when they require numerous activities and then the costs allocation based on each different process or activity is not possible as number of activities are really high.
Therefore Statement I and Statement III are correct.
Answer:
a) the South reaped all the profits from the cotton trade.
Explanation:
Cotton grown in the southern states of the US helped to start the industrial revolution in the United Kingdom and northern states in the US. Even though cotton was not grown in northern states, the factories that processed cotton were located there. The south provided the raw materials and the north provided the final processed goods.
The residual income for the Division A of Magnolia Company for an income from operations of $80,000 will be $32,000.
<h3>What is residual income?</h3>
Residual Income is the total of total income from operations less the minimum acceptable rate of return on the deployed assets for such operations over a financial period.
Using the above information, it can be ascertained that the residual income will be,
Hence, the residual income will be as computed above.
Learn more about residual income here:
brainly.com/question/27330050
#SPJ1
Answer:
d. 0; unrelated.
Explanation:
Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.
A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.
In this question, the cross elasticity is zero because biro and pencil are not related.
Answer:
conduits
Explanation:
A mortgage-backed security is one in which is similar to bonds but that usually consists of home loans ought from banks that issued them. It is a type asset-backed security which can be sold through brokers.
investment in mortgage-backed assets means the investor is lending out his money to people that intend to get a home.
A mortgage-backed security can be bought directly from banks or through brokers. These brokers are also called conduits.
Cheers
