First-stage and second-stage cost allocation methods

Reference no: EM13137875

Which of the following statements is (are) false regarding first-stage and second-stage cost allocation methods?

(A) The basic difference between a first-stage cost allocation and a second-stage cost allocation is that cost pools are not used in first-stage cost allocations.

(B) Predetermined overhead rates are used in first-stage cost allocations but not in second-stage cost allocations.

A. Only A is false
B. Only B is false
C. Neither A nor B are false
D. Both A and B are false

Reference no: EM13137875

Questions Cloud

Explain what is the efficiency of the machine : Important information about Multipal choice question on mechanics, A machine is supplied energy at a rate of 4,000 W and does useful work at a rate of 3,760 W. What is the efficiency of the machine?

What is amount of depletion that yoder should expense : During 2012, 500,000 tons were removed and 400,000 tons were sold. What is the amount of depletion that Yoder should expense for 2012?

Outline of systematic model of training : All of the followng are aspects of Campbell's systematic model of training EXCEPT.

Compute cost per gallon of liquid cleaner produced in june : The green plant produced 850,000 gallons in June. The plant never has any beginning or ending inventories. Compute the cost per gallon of liquid cleaner produced in June.

First-stage and second-stage cost allocation methods : Which of the following statements is (are) false regarding first-stage and second-stage cost allocation methods?

An ideal vapor-compression refrigeration system operates : An ideal vapor-compression refrigeration system operates at steady state with Refrigerant 134a as the working fluid. Superheated vapor enters the compressor at 30 lbf/in2, 20F, and saturated liquid leaves the condenser at 140 lbf/in2. The refriger..

Corruption in government-dictatorship-democratic : Corruption levels vary with the regime type within which it occurs. The degree of corruption varies inversely to the degree that power is consensual (Friedrich 1993:16).

What is carrying value of bonds after one year : Gacia Company issued $600,000 of 8%,5-year bonds at 106, with interest paid annually.Asuming straight-line amortization, what is the carrying value of the bonds after one year?

Define ideal vapor compression refrigeration cycle : Ideal vapor-compression refrigeration cycle, An ideal vapor-compression refrigeration cycle, with ammonia as the working fluid, has an evaporator temperature of -20c and a condenser pressure of 12 bar

User Account

All Pages