Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In advance, thank you thank you thank you**********It is important i know this as it may be part of my upcoming material and knowledge of

In advance, thank you thank you thank you**********It is important i know this as it may be part of my upcoming material and knowledge of this may be needed in order to participate in class*****ALSO IM SORRY THAT TECHNICALLY I AM ASKING MORE THAN ONE QUESTION! However, i appreciate everything and anything you are willing to answer!!!!!

image text in transcribed
17. The production departments at Windsor Parke occupy a total area of 50,000 square feet. Heating costs total $600,000 and are allocated based on the area that each department occupies. The finishing department occupies 30,000 square feet and the packaging department occupies 20,000 square feet. What amount of heating cost will be allocated to the finishing and packaging departments, respectively? A) $36,000 and $24,000 B) $32,727 and $21,818 C) $300,000 and $300,000 D) $360,000 and $240,000 18. One of the reasons that companies allocate costs is to allow for the frivolous use of common resources. A) True B) False 19. If managers are not charged for centrally administered services, what may managers likely do? A) Limit their frivolous use of these services B) Consider the services as free C) Evaluate and consider lower-cost alternatives for the services D) Seek outside suppliers 20. The process of assigning indirect costs is called A) cost unitizing. B) benchmarking. C) tracing. D) cost allocation

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Fundamentals

Authors: John Wild

4th Edition

0078025591, 9780078025594

More Books

Students also viewed these Accounting questions

Question

1. Information that is currently accessible (recognition).

Answered: 1 week ago