How indirect expenses are allocated to departments based on

Assignment Help Managerial Accounting
Reference no: EM132557031

Question 1 Indirect expenses are allocated to departments based on

A. decisions of the stockholders

B. generally accepted accounting principles

C. directives from the board of directors

D. Some reasonable basis

Reference no: EM132557031

Questions Cloud

Compute the amount of depreciation and depletion expense : Compute the amount of depreciation and depletion expense for each of the 3 years (2020, 2021, and 2022). Assume that the roads are usable
What amount of depreciation expense should be recorded : The truck has an estimated life of 300,00 miles. What amount of depreciation expense should be recorded in the second year
Identify one personality from the great century of missions : Identify one personality from the Great Century of Missions. Discuss their contributions to global engagement. Apply one principle from their life to a modern.
The progressive case study : Green Organization Executive Leadership has requested you provide a summary of your consulting work over the term of what has been 12 months of consulting.
How indirect expenses are allocated to departments based on : How Indirect expenses are allocated to departments based on?generally accepted accounting principles/directives from the board of directors
What is depreciation : On January 1, 2015, a company bought a machine for $120,000. The machine has a useful life of 5 years. What is depreciation
How gross profit less direct operating expenses equals : How Gross profit less direct operating expenses equals? indirect operating expenses/direct operating margin/gross profit/Net income
Calculate roger share of net income : Steve and Roger allocate 2/3 of their partnership's profits and losses to Steve and 1/3 to Roger. Calculate Roger share of net income
How departmental direct operating margin less indirect : How Departmental direct operating margin less departmental indirect expenses equals? departmental operating income/direct operating expenses

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How many sales are required to earn a target after-tax

How many sales are required to earn a target after-tax net income of $79000 if total fixed costs are $100000, the contribution margin ratio is 50%.

  Write a report on the general activities

Write a report on the general activities you would tell them to engage in to prevent fraud in their organization. List activities for each of the dimensions

  What was the amount of actual sales

If the margin of safety for Watkins Company was 40%, fixed costs were $1,867,200, and variable costs were 60% of sales, what was the amount of actual sales

  Determine what is a contribution margin

What is a Contribution Margin and why is it so important for a firm to be able to accurately calculate the various types of Contribution Margins

  What volume of production was expected to be produced

What volume of production was expected to be produced and sold in the month of May, based on the original master budget

  Consider that you are audit senior in an accounting firm

consider that you are audit senior in an accounting firm. your firm has recently won an audit for a company. thus your

  Reduce the effectiveness of the system

Identify the problems that appear to exist in Ferguson and Son Manufacturing Company's budgetary control system and explain how the problems are likely to reduce the effectiveness of the system.

  Make flexible manufacturing budget for the relevant range

Make flexible manufacturing budget for the relevant range value using 20,000 unit increments? Hannon Company expects to produce 1,200,000 units of Product XX

  What impact the methods had on final decision

What project will you choose and why? Your explanation must include information about the two methods, strengths and weaknesses

  Distinguish between job costing and process costing

Describe the difficulties associated with each type. What can companies do in order to price products competitively and avoid some of these difficulties?

  How the unitarist and pluralist approaches to conflict

Describe how the Unitarist and Pluralist approaches to conflict would explain the positions of (a) management and (b) unions in the Schweppes dispute. Identify which one of the approaches provides the better explanation. Explain how you reached th..

  What would be the brewery return on investment

Assume the Operations Manager can reduce expenses by $ 5000, without any change in sales or operating assets. What would be the brewery's ROI?

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