Fridas Tax Practice has two departments, tax and audit. The tax department has two product lines, business
Question:
Frida’s Tax Practice has two departments, tax and audit. The tax department has two product lines, business returns and individual returns. A list of costs and three cost objects from Frida’s Tax Practice follow.
REQUIRED
For each cost, identify whether it is direct or indirect for each cost object.
Transcribed Image Text:
Cost Object Mr. Gruper's Personal Tax Department Personal Returns Tax Return Cost A. Subscription to personal tax law updates publication B. Ink supplies for tax department photocopy machine C. Portion of total rent for tax department office space D. Wages for tax department administrative assistant E. Tax partner's salary F. Charges for long-distance call to Mr. Gruper about personal tax return questions G. Tax partner lunch with Mr. Gruper (the tax partner has lunch with each client at least once per year)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 58% (17 reviews)
Cost Cost Object Tax Department Personal Returns Mr Grupers Personal Tax Return ASubscription to per...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 392
2nd Edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
Question Posted:
Students also viewed these Managerial Accounting questions
-
The following is a list of costs incurred by several businesses: a. Packing supplies for products sold. b. Tires for an automobile manufacturer. c. Costs for television advertisement. d. Disk drives...
-
The following is a list of costs from the accounting records of Sunshine Pool Management, Inc. Each of Sunshines 77 customers owns a pool. Sunshine maintains each customers pool by providing...
-
The following is a list of costs that were incurred in the production and sale of lawn mowers:a. Attorney fees for drafting a new lease for headquarters offices.b. Commissions paid to sales...
-
Let B > 0. Show that the maximum of (x 1 , . . . , x n ) = x 1 + + x n subject to x 2 1 + + x 2 n = B 2 is nB. Conclude that for all numbers a,..., an lal++lanl n(a + + a) / 1/2
-
What is the mass of 0.311 mol of Xe?
-
Zbaraz Bank Ltd. (Zbaraz) lends money to borrowers around the world. The major areas of concern to management and stakeholders are whats called the loan loss provision (which is equivalent to the bad...
-
There are already numerous companies selling processed foods in Europe. What can Barrett do to compete successfully against these firms? LO.1
-
During 2011, Stanton Corporation reported after-tax net income of $3,600,000. During the year, the number of shares of stock outstanding remained constant at 10,000 of $100 par, 9 percent preferred...
-
I'm confused on "Required 3". Thought I already calculated total overhead assigned? E4-6 (Algo) Calculating Activity Rates, Assigning Costs [LO 4-3, 4.4] Fellar Corp. has identified the following...
-
On 01 July 2020, Sunshine Manufacturing Ltd acquired al the issued shares of Goldcoast Lid for $ 227000 The equity of Goldcoast at this date is as folows: Share capital Retained eamings 65000 36000...
-
Nursery Supply manufactures wooden planter tubs for small trees. Each wooden planter requires about the same level of effort in labor and machinery. The managers of Nursery Supply want to improve the...
-
Spencer and Church is a CPA firm engaged in local practice. Some selected items from its chart of accounts are listed here. REQUIRED For each account, indicate whether the account represents a fixed,...
-
What four fundamental factors affect required rates of return (i.e., the cost of money)?
-
Implement the nearest neighbor algorithm in the programming language of your choice. The algorithm should work with vectors of up to 10 integer values and allow up to 10 integer classifications. By...
-
Use the operators described in Section 16.2.4 and the STRIPS method to solve the block world planning problem shown in Figure 16.11. The first state shown is the start state and the second state is...
-
Implement a Bayesian belief network in the programming language of your choice to represent a subject in which you are interested (for example, you might use it to diagnose medical conditions from...
-
Researchers have measured the acceleration of racing greyhounds as a function of their speed; a simplified version of their results is shown in Figure P4.67. The acceleration at low speeds is...
-
If the rate at which energy is dissipated by resistor 1 in Figure P31.86 is \(2.5 \mathrm{~W}\), and \(R_{1}=10 \Omega, \mathscr{E}_{1}=12 \mathrm{~V}\), and \(\mathscr{E}_{2}=6 \mathrm{~V},\) (a)...
-
A teacher surveyed her class of 43 students to find out how they prepared for their last test. She found that 24 students made flash cards, 14 studied their notes, and 27 completed the review...
-
$10,000 was borrowed at 3.5% on July 17. The borrower repaid $5000 on August 12, and $2000 on September 18. What final payment is required on November 12 to fully repay the loan?
-
The clawback provision is controversial and highlights some of the tensions concerning state flexibility and national uniformity that policymakers face when designing public programs. The clawback...
-
Eason Electronics manufactures wheelchairs. It has two divisionsthe Motors Division located in Canada and the Assembly Division located in Japan. The Motors Division was originally set up to supply...
-
WWL Ltd. has a target before-tax profit of $200,000. At the planned sales volume for each of its products, the variable and fixed costs are $2,000,000 and $400,000, respectively. All fixed costs are...
-
Atex Ltd., has two divisions: a Parts Division and a Products Division. Each division operates as a profit centre. The Parts Division manufactures keyboards and is free to sell its product internally...
-
Ted and his partners have contracted to purchase the franchise nights worth 561 000 to open and operate a specialty pizza restaurant called Popper with a renewable agrement, the partners have agreed...
-
Your answer is partially correct. Martin Company's chief financial officer feels that it is important to have data for the entire quarter especially since their financial forecasts indicate some...
-
Kellog Corporation is considering a capital budgeting project that would have a useful life of 4 years and would love testing 5156.000 in equipment that would have zeto salvage value at the end of...
Study smarter with the SolutionInn App