In the Melodious Notes, Part 6, example, the students did not perform direct or step-down methods for
Question:
In the Melodious Notes, Part 6, example, the students did not perform direct or step-down methods for the dual-rate costs. Following are the allocation bases for these costs. The support cost data are on page 361.
REQUIRED
A. Draw a diagram of the direct method for the Melodious Notes allocations for three support departments.
B. Allocate the support department costs using dual rates and the direct method.
C. Draw a diagram of using the step-down method for the three support departments.
D. Allocate the support department costs using dual rates and the step-down method.
Transcribed Image Text:
Number of employees Square metres Time spent accounting Time spent cleaning Administration Accounting Custodial Services Instrument Sales Music Lessons Total 12 100 1,000 25% 100% 30% 100% 60 15% 10% 800 50% 30 10 10% 5%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (14 reviews)
A sample spreadsheet using Solver for the allocations in this problem is available on the Instructor...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
Question Posted:
Students also viewed these Managerial Accounting questions
-
In Middletown Childrens Clinic (Part 4), we did not perform direct or step-down methods for the dual-rate costs. Following are the allocation bases for these costs. REQUIRED A. Draw a diagram of the...
-
Step-down, direct, and reciprocal methods, accuracy of allocation (Appendix 8A) Software Plus Corporation produces flight and driving simulations and games for personal computers. The president has a...
-
The Pickup and Drop off Co. run a limousine and shuttle firm. The firm has both luxury limousines rented by time and a shuttle bus service to the airport. Two separate managers, evaluated as profit...
-
In Exercises 7582, express the given function h as a composition of two functions f and g so that h(x) = (f g)(x). h(x) = x-9
-
Property, plant, and equipment (plant assets) generally represent a material portion of the total assets of most companies. Accounting for the acquisition and usage of such assets is, therefore, an...
-
Taxes affect aggregate expenditures indirectly by changing . This change alters .
-
Analyzing Employee Benefits. Talk with people employed in various types of organizations. Prepare a list of the most common types of employee benefits received by workers. Using Personal Financial...
-
The United Broadcast Network (UBN) sells to advertisers commercial advertising slots on its television shows. The network announces its new fall television schedule during the previous spring and...
-
need excel formulas, complete all questions OH Merchandising operations and the multi-step income statement-Excel PAGE LAYOUT FORMULAS DATA REVIEW VIEW FILE X HOME INSERT X Sight in Caitri -11 Paste...
-
The table below shows annual returns for Orkid Berhad and one of its major competitors, Bunga Raya Berhad. Encik Ghazali is an investor who invests in both Orkid Berhad and Bunga Raya Berhad. His...
-
The Better Business Bureau (BBB), through its BBB Wise Giving Alliance, provides information on the Internet about charitable organizations in the United States and Canada (see give.org or go to...
-
Accountants often consider it a part of their job to help their organizations succeed. Often, his assistance means developing strategies to maximize the organization's cash flows. For example,...
-
Refer to Exercise 22.7. Assume that the probability of each value of demand is the same for all possible demands. a. Determine the EMV decision. b. Determine the EOL decision. In exercise 22.7 A...
-
Drs. Draper and Keys run a partnership family medical practice in Brownsville, Texas. While the practice is profitable, both physicians are making payments on heavy debt loads for student loans that...
-
Sweetlip Ltd and Warehou Ltd are two family-owned flax-producing companies in New Zealand. Sweetlip Ltd is owned by the Wood family and the Bradbury family owns Warehou Ltd. The Wood family has only...
-
Small Sample Weights of M&M plain candies are normally distributed. Twelve M&M plain candies are randomly selected and weighed, and then the mean of this sample is calculated. Is it correct to...
-
Swain Athletic Gear (SAG) operates six retail outlets in a large Midwest city. One is in the center of the city on Cornwall Street and the others are scattered around the perimeter of the city....
-
The Tokyo Olympics After watching How the Tokyo Olympics Became the Most Expensive Summer Game Ever video answer the following questions. * * The numbers can be made up . I just need help with an...
-
Without doing detailed calculations, and assuming that the volumes of solutions and water are additive, indicate the molarity of the final solution obtained as a result of (a) Adding 200.0 mL of...
-
Problem 2. (0.6 points, 0.2 points for each question) (a) A company turns its inventory 2 times a month. Its months-of-supply = Its days-of-supply = Please show your analysis below: _months. days. (1...
-
The managers of MGAF Specialty Products are considering shifting their product emphasis to create a new sales mix. The new sales mix has greater risk; the potential profits and losses are larger than...
-
An organization is currently operating at capacity. Should it accept a request for a special order based on variable cost plus 40%? Explain.
-
List two business risks that often need to be considered when making a decision about whether to accept a special order.
-
You have just been hired as a new management trainee by Earrings Unlimited, a distributor of earrings to various retail outlets located in shopping malls across the country. In the past, the company...
-
Brief Exercise 10-6 Flint Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $327,600. The estimated fair values of the assets are land $62,400, building...
-
"faithful respresentation" is the overriding principle that should be followed in ones prepaparation of IFRS-based financial statement. what is it? explain it fully quoting IAS. how this this...
Study smarter with the SolutionInn App