What problems are faced in applying administrative costs partly to the manufacturing and partly to the selling
Question:
What problems are faced in applying administrative costs partly to the manufacturing and partly to the selling departments of a concern? How will you control administrative overhead of a concern?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
Applying administrative costs partly to manufacturing and partly to selling departments of a concern can present several challenges and complexities Here are some of the problems faced when allocating ...View the full answer
Answered By
User l_973071
I have a Bachelor of Science degree with a focus on biological, social, and mathematical fields. Throughout my academic journey, I have gained valuable knowledge and practical experience in these areas, enabling me to develop a well-rounded understanding of the subjects.
In the field of biology, my education has equipped me with a strong foundation in various sub-disciplines, such as molecular biology, genetics, physiology, and ecology. I have gained hands-on experience in laboratory techniques, data analysis, and scientific research methods. This has allowed me to explore the intricacies of the biological world, from the microscopic level of cells to the broader ecosystem dynamics.
Regarding social sciences, my coursework has encompassed subjects like psychology, sociology, and anthropology. I have delved into the complexities of human behavior, societal structures, and cultural influences. This multidisciplinary approach has broadened my perspective on how individuals and communities function, interact, and shape the world around them.
Mathematics has been an integral part of my academic journey as well. Through my studies, I have developed a solid understanding of various mathematical concepts, including calculus, statistics, and algebra. I have honed my problem-solving skills and analytical thinking, which are essential in tackling complex mathematical and scientific challenges.
In addition to my formal education, I have also gained tutoring experience in these fields. I have worked as a tutor, assisting students with their coursework, assignments, and exam preparation. This experience has allowed me to effectively communicate complex concepts in a clear and concise manner, adapting my teaching style to suit the needs of each student. I find great satisfaction in helping others understand and appreciate the subjects I am passionate about.
Overall, my education and tutoring experience in the biological, social, and mathematical fields have shaped me into a knowledgeable and versatile individual. I am eager to continue expanding my expertise in these areas, while also sharing my knowledge with others to foster a deeper understanding and appreciation of the sciences.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is the competitive situation faced by Wilkerson? Given some apparent problems with Wilkerson's cost system, should executives abandon overhead assignment to products entirely by adopting a...
-
The Paper Products Factory (PPF) is a local manufacturer of a single product: paper party hats. They sell primarily to specialty stores in the all the municipalities within the Kingdom of Bahrain....
-
Hyten Corporation On June 5, 1998, a meeting was held at Hyten Corporation, between Bill Knapp, Director of Marketing/Sales, and John Rich, director of engineering. The purpose of the meeting was to...
-
A 100-m-long conductor of uniform cross section has a voltage drop of 4 V between its ends. If the density of the current flowing through it is 1.4 x 106 (A/m2), identify the material of the...
-
Runzheimer International publishes results of studies on overseas business travel costs. Suppose as a part of one of these studies the following per diem travel accounts (in dollars) are obtained for...
-
Have you experienced, or observed, the opposite a bureaucratic organization with poorly paid, boring and unskilled jobs that are controlled by autocratic managers?
-
What guidance has the FASB provided to reporting entities concerning disclo sure of major customers? LO3
-
Suppose an economy open to international capital movements has a crawling peg exchange rate under which its currency is pegged at each moment but is continuously devalued at a rate of 10 percent per...
-
A protective provision on a term sheet outlines what a company cannot do without shareholder approval such as changing the capital structure, size of the board of directors, and mergers. True
-
Refer to the description of Century National Bank at the end of the Review of Chapters 14 on page 128. With many other options available, customers no longer let their money sit in a checking...
-
A match factory sells its goods in four district zones South, North, East and West. You have been given the particulars for January 2008 in respect of each zone mentioned as follows: Zones South...
-
Discuss the methods of absorption of selling and distribution overheads.
-
Drizzdale Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year. Sales...
-
Shire Company's predetermined overhead rate is based on direct labor cost. Management estimates the company will incur $649,000 of overhead costs and $590,000 of direct labor cost for the period....
-
You plan to live 25 years after you retire. You want to withdraw $100,000 each year for 25 years. Your first withdrawal will take place the day after you retire. What is the four annuity formulas...
-
Harwood Company's quality cost report is to be based on the following data: 2021 2022 Depreciation of test equipment $94,000 $95,000 Audits of the effectiveness of the quality system $54,000 $51,000...
-
Cash contribution of 4,000 to the Accounting Society (a charity) Purchase of art object at an Accounting Society Charitable event for $1,200 (FMV $800) Donation of 3-year-old clothing (basis 800; FMV...
-
The government is issuing $100 million in 10 year debt and receives the following bids. $25 million is reserved for non-competitive tenders. At what yield will the non-competitive tenders be issued...
-
Selected information relating to Yost Company's operations for the most recent year is given below: Activity: Denominator activity (machine-hours) . . . . . . . 45,000 Standard hours allowed per unit...
-
The Higher the time period of the financial security the higher the. ............... risk. O a. Maturity O b. Default and Maturity Oc. Default O d. Liquidity
-
How can the extent of price discounting be tracked on a customer-by-customer basis?
-
A customer-profitability profile highlights those customers who should be dropped to improve profitability. Do you agree? Explain.
-
A customer-profitability profile highlights those customers who should be dropped to improve profitability. Do you agree? Explain.
-
Assignment Title: The Role of Bookkeeping in Business Management and Financial Reporting Objective: Understand the importance of proper bookkeeping procedures in the management of...
-
17) The adjustment that is made to allocate the cost of a building over its expected life is called:A) depreciation expense.B) residual value.C) accumulated depreciation.D) None of the above answers...
-
9) Prepaid Rent is considered to be a(n):A) liability.B) asset.C) contra-asset.D) expense.10) As Prepaid Rent is used, it becomes a(n):A) liability.B) expense. C) contra-asset.D) contra-revenue.11)...
Study smarter with the SolutionInn App