Which is a key consideration in selecting an allocation base

Assignment Help Managerial Accounting
Reference no: EM132593450

Question 1: Which of the following is a key consideration in selecting an allocation base?

Option A. There should be logical association between the allocation base and the incidence of costs.

Option B. The allocation base should be difficult to measure.

Option C. The allocation base should have an indirect association with the cost objective.

Option D. The allocation base should be out of the control of management.

Reference no: EM132593450

Questions Cloud

Effect of the omo process using the md-ms diagram : Explain in detail the OMO process and its implications for the cash rate, interest rates, inflation and GDP. Draw by hand the effect of the OMO process
What the total setup cost that would be assigned : Assume that during June machines were setup 10 times to make product G10. The total setup cost that would be assigned to product G10 would be
What were some key factors driving the solar power industry : What were some key factors driving the solar power industry as described in the case? (Ivey publishing case study - Regulus Solar Power Inc.)
Violate the sunk cost principle : You are majoring in chemical engineering (CE), and you don't much like it. But you are a junior and you're considering whether to change majors
Which is a key consideration in selecting an allocation base : Which is a key consideration in selecting an allocation base? The allocation base should have an indirect association with the cost objective.
Discuss what consumer and business confidence in the economy : Briefly discuss what consumer and business confidence in the economy typically reflects and provide examples. Contrast the effects of high consumer and business
Possible changes in the managerial functions : In order to run business operations, "remote work" becomes a standard approach following the Covid-19 outbreak. However, some parts of the managerial functions
What are some future trends in the solar power industry : What are some future trends in the Solar power industry? ( case Study - Regulus Solar Power Inc.)
Which results in an increase in work-in-process inventory : Which results in an increase in work-in-process inventory? Using direct manufacturing labor hours./ Selling finished goods inventory

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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