Determining the choice of an allocation base

Assignment Help Accounting Basics
Reference no: EM13121733

A) "Cost allocation is arbitrary, so there is nothing gained by it. We should report only the costs we know are direct." Do you agree? Why?

B) What criteria are important in determining the choice of an allocation base?

Reference no: EM13121733

Questions Cloud

Which of would produce offspring in the ratio : In cattle, roan coat color (mixed red and white hairs) occurs in the heterozygous (Rr) offspring of red (RR) and white (rr) homozygotes. Which of the following crosses would produce offspring in the ratio of 1 red : 2 roan : 1 white?
Find the probability that all tires are good : The wheeling tire company produced a batch of 5000 tires that includes exactly 200 that are defective. if four tires are randomly selected what is the probability that they are all good?
Selling price for car selling and inequality : Ronald wants to sell his car through a broker who charges a commission of 10% of the selling price. Ronald still owes $11,025 on the car. Ronald must get enough to at least pay off the loan.
Abnormal psychology final assessment - stress : Abnormal Psychology Final Assessment - Stress, Address an identified audience (mental health clients).Personalize the task (make the information, examples and information you provide useful for the clients).
Determining the choice of an allocation base : "Cost allocation is arbitrary, so there is nothing gained by it. We should report only the costs we know are direct." Do you agree? Why?
Selection without replacement and stirling''s formula : Probability : Selection Without Replacement and Stirling's Formula, A box contains 3n red balls and 3n white balls. 2n balls are selected at random without replacement, express the probability p
Percentage of defective chips and normal distribution : Probability : Percentage of Defective Chips and Normal Distribution, A student needs 12 chips of a certain type to build a circuit. It is known that 5% of these chips are defective.
Find probability that exactly five jury members is women : The waiting room for jury selection has 40 women and 30 men to choose from. A jury of 12 is selected from these 70 people, what is the probability that exactly 5 of the jury members will be women?
Business for personal living expenses : During the year, Mac withdrew $93,000 from the business for his personal living expenses. Assuming MACS is a sole proprietorship, how do these transactions affect Mac's taxable income for the year?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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