Discuss how much of the accounting department costs

Assignment Help Accounting Basics
Reference no: EM131782050

Sasha company allocates the estimated $184,700 of its accounting department costs to its production and sales departments since the accounting department supports the other two departments particularly in regards to payroll and accounts payable functions. The cost will be allocated based on the number of employees using the direct method. Information regarding costs and employees follows:

Department Employees

Accounting 4

Production 29

Sales 10

How much of the accounting department costs will be allocated to the production?

Reference no: EM131782050

Questions Cloud

Accrual basis-cash basis accounting : Apply these concepts to your own (real or imagined) business. What type of service or product does your business offer? (You may also use a real life example
What is the company cost of equity : Shadow Corp. has no debt but can borrow at 6.7 percent. The firm's WACC is currently 8.5 percent, and the tax rate is 35 percent.
Prepare my journal entries you consider necessary : Prepare my journal entries you consider necessary, including year-end entries (December 31), as summing these are available-for-sale securities
Business concept-description of your industry : Description of your industry (industry outlook and growth potential,markets and customers,competitive companies,national and economic trends)
Discuss how much of the accounting department costs : How much of the accounting department costs will be allocated to the production
What is the amount of each deposit : A sinking fund is established to discharge a debt of $80,000 in 10 years. If deposits are made at the end of each 6-month period and interest is paid.
Explain the theoretical perspectives of organization : What interventions do you believe could be applied to online training environments that would facilitate the learning process?
Budget cutback management : You are the budget director of a transit department that has a budget of $9 million and serves on average daily 937,500 “transit dependent” riders
Comparing two different capital structures : Franklin Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under Plan I, the company

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