Cost pool listed select an appropriate allocation base

Assignment Help Financial Accounting
Reference no: EM131293934

For each cost pool listed select an appropriate allocation base from the list below. An allocation base may be used only once. Assume a manufacturing company.

Allocation bases for which the information system can provide data:

1.    Number of employees per department

2.    Employee wages and salaries per department

3.    Number of sales orders

4.    Hours of operation of each production department

5.    Machine hours by department

6.    Operations costs of each department

7.    Hours of computer use per month per department

8.    Number of units sold

Cost pools:

________     a.     Vice President of Finance's office expenses

________     b.     Computer operations used in conjunction with manufacturing

________     c.     Sales-order costs

________     d.     Personnel Department

________   e.       Energy costs

Reference no: EM131293934

Questions Cloud

Determine the entropy production rate and heat transfer : Determine the entropy production rate and heat transfer in a newly designed valve with 1.10 kg/s of an incompressible hydraulic oil flowing through it.
Commercial success of cummins to its commitment : Srikanth Padmanabhan credited some of the commercial success of Cummins to its commitment to the values of education, environment, and social justice, even when commitment to these values resulted in lost business opportunities. What are some evid..
Discuss each of the seven steps in the forecasting system : Discuss each of the "Seven Steps in the Forecasting System" (Heizer & Render, 2014, pp. 106-107) specifically as it pertains to: (1) the organization you selected, and (2) the data you selected that would need to be forecasted in order to effectiv..
Describe an organizational change that has failed : Describe an organizational change that has failed. What caused the failure? What would you have done differently to make it successful?
Cost pool listed select an appropriate allocation base : For each cost pool listed select an appropriate allocation base from the list below. An allocation base may be used only once. Assume a manufacturing company. Allocation bases for which the information system can provide data:
Determine the exit temperature and entropy production rate : Assuming air to be an ideal gas with constant specific heats, determine the exit temperature and entropy production rate of the valve.
Why business may not want to hold too little working capital : Examine the key reasons why a business may not want to hold too much or too little working capital. Provide examples that illustrate the consequences of either situation.
Determine entrance temperature and entropy production rate : Determine the entrance temperature and the entropy production rate of the contraction. Assume the air to be an ideal gas with constant specific heats.
Examples of overcapacity and under capacity : Find and discuss business examples of overcapacity and under capacity. Your examples should provide arguments for both sides. (Question 6, page 348)

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare journal entries related to investment

Zoop Corporation purchased for $323,200 a 26% interest in Murphy, Inc. This investment enables Zoop to exert significant influence over Murphy. During the year, Murphy earned net income of $186,500 and paid dividends of $69,200. Prepare Zoop’s journa..

  Prepare adjusting journal entries on december 31 2007

Correcting Entries for Patents During the year-end audit of the Cressman Corporation's financial statements for 2007, - Prepare adjusting journal entries on December 31, 2007.

  What should korral record as sales revenue on the pinto

Korral Used Kars sold a 1973 Ford Pinto to Fred Gullip. Fred gave $200 to Korral as a down payment and agreed to pay $90 per month for three years. If Korral charges interest of 24% per year, compounded monthly, what should Korral record as sales rev..

  What is the effect on account balances

What is the effect on account balances when an adjusting entry to record an unrecorded receivable is made?

  What the gross margin percent for the department

If the Gross margin dollars for the men's department at a local department store are $875,197 and the department net sales are $ 1,592,630 what the gross margin percent for the department?

  Elucidate what is the optimal total cost

Formulate an LP model for this problem and use Risk Solver to find the optimal solution. Elucidate what is the optimal total cost?

  What level of total sales is necessary to achieve break even

Super Sharp manufactures and sells two products. The first product is a disposable shaving razor blade that lasts about 7 days. The second product is shaving cream. Customers of the first product use one bottle of shaving cream every 28 days.

  Old worker in the receiving department of company

Colin is an 18-year-old worker in the receiving department of a company. On his first paycheck, he notices that he received $170.00 gross pay for 40 hours of work. Did his employer pay him correctly? Explain

  Evaluation of net income from the change

Evaluation of net income from the change in stockholders' equity and find the net income for the year.

  Compute the volume of activity in patient-days

With the recent changes in healthcare, hospitals have been under increasing pressure to reduce costs. You have been hired by Best Care Hospital to assist in negotiating the 2016contract with the nurses. Total patient-days are the number of patients m..

  How can these deficiencies be rectified

Should penalties for breaches of the financial reporting requirements of the Corporations Act be increased? Discuss or explain.

  Company made a bank deposit

If a company made a bank deposit on September 30 that did not appear on the bank statement dated September 30, in preparing the September 30 bank reconciliation, the company should:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd