Generally administration overheads are treated as (a) product costs (b) period costs (c) committed costs (d) opportunity

Question:

Generally administration overheads are treated as

(a) product costs

(b) period costs

(c) committed costs

(d) opportunity costs

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

See More Books

Question Posted: Jun 14, 2024 01:09 AM

See More Questions

Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...
Montonya Company has the following selected data for the current year: Sales (10,000 units) $90,000 Direct materials 30,000 Direct labor costs 10,000 Variable manufacturing overhead 3,500 Fixed...
Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as...
4. (23 pts) A plate is loaded so that a state of plane strain (Ezz- &zx=&zy =0) exists. (a) Determine the displacements for the plate for the deformations shown, i.e. finding u-Cixy and v=C2xy. (b)...
How do nominal, limited, and extended decision making differ? How do the two types of nominal decision making differ?
Identify which kind of hotel you would like to work at and give reasons why.
This period's wages and other operating expenses total $112,000. Beginning-of-period prepaid expenses totaled $1,200, and its ending balance is $4,200. There were no beginning-of-period accrued...
The Maser is a new custom-designed sports car. An analysis of the task of building the Maser reveals the following list of relevant activities, their immediate predecessors, and their duration: (a)...
Sai Company uses a job order cost system and applies manufacturing overhead costs to jobs using a predetermined overhead rate based on direct labour-hours. The following data were extracted from the...
Insurance premium paid for offi ce equipment represents (a) production overhead (b) selling overhead (c) administration overhead (d) distribution overhead
Administration overheads are allotted to cost units based on (a) number of units sold (b) direct materials (c) direct labour (d) machine hours
Galveston Shipyards is considering the replacement of an eight-year-old riveting machine with a new one that will increase earnings before depreciation from $27,000 to $54,000 per year. The new...
What makes a set of objects a vector space? You will no doubt want to refer to notes and the text, but I'd like you to summarize it for starters. If you have identified a vector space, for example...
Walla Walla Company is in its planning stage for next year. Walla Walla expects a big Quarter 3 and is creating a production budget to determine if it needs to hire more employees. Walla Walla knows...
Task: P9 P9a P9b P9c P9d Describe the principles and applications of electromagnetic induction Describe using a series of bullet point statements, how transformers work and how their operation...
Based on the given information, analyse company's financial health and provide future projections. Unit FY16 FY17 FY18 FY19 Sales Rs. Cr 134 245 371 1,159 PAT Rs. Cr (281) (585) (78) (571) Assets Rs....
OBJECTIVE QUESTIONS 1. In each of the following only one statement/item is correct. State which. (i) Financial Accounting helps in (a) ascertaining the financial position of the concerned firm, (b)...
The government spends $3 billion to buy police cars. Explain why aggregate demand might increase by more than $3 billion. Explain why aggregate demand might increase by less than $3 billion.
2. In the circuit given in Figure 2, i,(t) = 5.67cos(5t)A and v (t) = 70.71 cos(5t 60) V a) Find the equivalent load impedance. State whether the load is inductive or capacitive. b) Calculate the...
For anOld Country Links, Incorporated, produces sausages in three production departments Mixing , Casing and Curing, and Packaging. In the Mixing Department, meats are prepared, ground and mixed with...
A manufacturing firm uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs, based on machine hours required. At the beginning of 2 0 1 9 , the firm expected to...
An investor wants to purchase a zero coupon bond from Timberlake Industries today. The bond will mature in exactly 5.00 years with a redemption value of $1,000. The investor wants a 12.00% annual...

Generally administration overheads are treated as (a) product costs (b) period costs (c) committed costs (d) opportunity

Question:

Step by Step Answer:

Cost Accounting

Students also viewed these Business questions